A New Approach to the Irreversible Investment Problem
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References listed on IDEAS
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Keywords
Irreversible investment under uncertainty; Real options; Stochastic representation method; Utility; Risk aversion; Lévy processes;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- G3 - Financial Economics - - Corporate Finance and Governance
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