The effect of uncertainty on investment timing in a real options model

DOI10.1016/J.JEDC.2006.07.002zbMATH Open1163.91427OpenAlexW2030639196MaRDI QIDQ1027355FDOQ1027355

Authors: Kit Pong Wong 

Publication date: 1 July 2009

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10722/85675

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zbMATH Keywords

uncertaintyinvestment timingreal options

Mathematics Subject Classification ID

Cites Work

• An Intertemporal Capital Asset Pricing Model
• Title not available (Why is that?)
• Title not available (Why is that?)
• On the investment-uncertainty relationship in a real options model
• Super contact and related optimality conditions
• Smooth pasting as rate of return equalization

Cited In (30)

• Structural estimation of real options models
• On the investment-uncertainty relationship in a real option model with stochastic volatility
• Optimal capital accumulation under price uncertainty and costly reversibility
• Good timing: the economics of optimal stopping
• Implications of more precise information for technological development and economic welfare
• Finite project life and uncertainty effects on investment
• Uncertain dynamics, correlation effects, and robust investment decisions
• Title not available (Why is that?)
• Dynamic investment and capital structure under manager-shareholder conflict
• Research of relationship between uncertainty and investment
• Timing of investment under technological and revenue-related uncertainties
• Is corporate control effective when managers face investment timing decisions in incomplete markets?
• A model of investment under uncertainty with time to build, market incompleteness and risk aversion
• Uncertainty and the trade-off between scale and flexibility in investment
• Irreversible investment and discounting: an arbitrage pricing approach
• Investment timing in presence of downside risk: a certainty equivalent characterization
• Technological advances and the decision to invest
• Investment timing, asymmetric information, and audit structure: a real options framework
• Real options with unknown-date events
• Optimal R\&D investment for a risk-averse entrepreneur
• The impacts of uncertainties in a real options model under incomplete information
• Devaluating projects and the investment-uncertainty relationship
• Regime uncertainty and optimal investment timing
• On the investment-uncertainty relationship in a real options model
• THE EFFECTS OF ABANDONMENT OPTIONS ON INVESTMENT TIMING AND INTENSITY
• Time-to-Build and the Inverse U-Shape Investment-Uncertainty Relationship
• Timing and eco(nomic) efficiency of climate-friendly investments in supply chains
• The interaction of debt financing, cash grants and the optimal investment policy under uncertainty
• Contrasting effects of risk on investment in two sectors: evidence from Ireland on real options
• On the neutrality of debt in investment intensity

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