Investment and the Valuation of Firms When There is an Option to Shut Down

DOI10.2307/2526587zbMath0576.90008MaRDI QIDQ3696804

Robert L. McDonald, Daniel R. Siegel

Publication date: 1985

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/529.pdf

Mathematics Subject Classification ID

91B38: Production theory, theory of the firm

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