Investment under Uncertainty

€72.90


Available for sending in 4/5 days

Product Information

ISBN9780691034102
PublisherPrinceton University Press
Price (excl. tax)€68.77
Tax€4.13
Price (incl. tax)€72.90
Availability3 units in external warehouse

Product Description

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? This book provides an exposition of a theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions.