Investment Under Uncertainty
SKU: DADAX0691034109
ISBN : 9780691034102
Condition : New
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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 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.
Specifications of Investment under Uncertainty
GENERAL | |
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Author | Avinash K. Dixit, Robert S. Pindyck |
Binding | Hardcover |
Language | English |
Edition | 0 |
ISBN-10 | 0691034109 |
ISBN-13 | 9780691034102 |
Publisher | Princeton University Press |
Number Of Pages | 476 |
Publication Date | 1994-01-10 |
DIMENSIONS | |
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Height | 9.55 inch. |
Length | 6.41 inch. |
Width | 1.38 inch. |
Weight | 1.85 pounds. |
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