Investment under uncertainty
How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this bo...
Đã lưu trong:
| Tác giả chính: | |
|---|---|
| Định dạng: | Sách |
| Ngôn ngữ: | Undetermined |
| Được phát hành: |
Princeton, N.J.
Princeton University Press
1994
|
| Những chủ đề: | |
| Các nhãn: |
Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
|
| Thư viện lưu trữ: | Trung tâm Học liệu Trường Đại học Cần Thơ |
|---|
| LEADER | 02194nam a2200241Ia 4500 | ||
|---|---|---|---|
| 001 | CTU_153114 | ||
| 008 | 210402s9999 xx 000 0 und d | ||
| 020 | |c 69.23 | ||
| 082 | |a 658.15 | ||
| 082 | |b D619 | ||
| 100 | |a Dixit, Avinash K. | ||
| 245 | 0 | |a Investment under uncertainty | |
| 245 | 0 | |c Avinash K. Dixit and Robert S. Pindyck. | |
| 260 | |a Princeton, N.J. | ||
| 260 | |b Princeton University Press | ||
| 260 | |c 1994 | ||
| 520 | |a How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems. | ||
| 526 | |a Lý thuyết đầu tư | ||
| 526 | |b KT928 | ||
| 650 | |a Capital investments,Vốn đầu tư | ||
| 650 | |x Decision making,Ra quyết định | ||
| 904 | |i Năm | ||
| 980 | |a Trung tâm Học liệu Trường Đại học Cần Thơ | ||