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The value of flexibility in sequencing irreversible investment

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  • Kort, P.M.

    (Tilburg University, School of Economics and Management)

  • Murto, P.
  • Pawlina, G.

Abstract

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Suggested Citation

  • Kort, P.M. & Murto, P. & Pawlina, G., 2005. "The value of flexibility in sequencing irreversible investment," Other publications TiSEM 2b6ab035-914b-4065-840b-6, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:2b6ab035-914b-4065-840b-60a9b9a388e5
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    File URL: https://pure.uvt.nl/ws/portalfiles/portal/641897/flexibility.pdf
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    References listed on IDEAS

    as
    1. Bar-Ilan, Avner & Strange, William C., 1998. "A model of sequential investment," Journal of Economic Dynamics and Control, Elsevier, vol. 22(3), pages 437-463, March.
    2. Dixit, Avinash, 1993. "Choosing among alternative discrete investment projects under uncertainty," Economics Letters, Elsevier, vol. 41(3), pages 265-268.
    3. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    4. Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
    5. Bar-Ilan, Avner & Strange, William C., 1999. "The Timing and Intensity of Investment," Journal of Macroeconomics, Elsevier, vol. 21(1), pages 57-77, January.
    6. Capozza, Dennis & Li, Yuming, 1994. "The Intensity and Timing of Investment: The Case of Land," American Economic Review, American Economic Association, vol. 84(4), pages 889-904, September.
    7. Grenadier, Steven R. & Weiss, Allen M., 1997. "Investment in technological innovations: An option pricing approach," Journal of Financial Economics, Elsevier, vol. 44(3), pages 397-416, June.
    8. Dangl, Thomas, 1999. "Investment and capacity choice under uncertain demand," European Journal of Operational Research, Elsevier, vol. 117(3), pages 415-428, September.
    9. John V. Leahy, 1993. "Investment in Competitive Equilibrium: The Optimality of Myopic Behavior," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(4), pages 1105-1133.
    Full references (including those not matched with items on IDEAS)

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