A Simple Approach for Deciding When to Invest
收藏NBER1998-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6678
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资源简介:
A straightforward generalization of the simple net present value rule that correctly predicts when to invest in two classes of projects that can be delayed is derived. The first class consists of projects for which the option to delay derives its value exclusively from uncertainty about interest
提供机构:
美国国家经济研究局
创建时间:
1998-08-01



