Precautionary principle and the cost benefit analysis of innovative projects
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- Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-157, April.
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Keywords
Precautionary principle; Real options; Bayesian learning; Environmental preservation; Irreversibility; Uncertainty;All these keywords.
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