Optimal multinational capital budgeting under uncertainty
نویسندگان
چکیده
منابع مشابه
Strategic Capital Budgeting : Asset Replacement under Uncertainty
We consider a ...rm’s decision to replace an existing production technology with a new, more cost-e¢cient one. Kulatilaka and Perotti [1998, Management Science ] ...nd that, in a two-period model, increased product market uncertainty could encourage the ...rm to invest strategically in the new technology. This paper extends their framework to a continuous-time model which adds ‡exibility in tim...
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ژورنال
عنوان ژورنال: Computers & Mathematics with Applications
سال: 2011
ISSN: 0898-1221
DOI: 10.1016/j.camwa.2011.10.035