Irreversible investment under predictable growth: why land stays vacant when housing demand is booming
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Publication:6139990
DOI10.1016/J.JET.2023.105776MaRDI QIDQ6139990FDOQ6139990
Coen N. Teulings, Rutger-Jan Lange
Publication date: 19 January 2024
Published in: Journal of Economic Theory (Search for Journal in Brave)
Corporate finance (dividends, real options, etc.) (91G50) Stopping times; optimal stopping problems; gambling theory (60G40)
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