Quasi-option value under strategic interactions
نویسندگان
چکیده
منابع مشابه
Quasi−option value under ambiguity
Real investments involving irreversibility and ambiguity embed a positive quasi−option value under ambiguity (q.o.v.a.), which modifies the evaluation of an investment decision involving depletion of natural resources by increasing the value of delaying. Q.o.v.a. depends on the specific decision−maker attitude towards ambiguity, expressed by a capacity on the state space. An empirical measure o...
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ژورنال
عنوان ژورنال: Resource and Energy Economics
سال: 2012
ISSN: 0928-7655
DOI: 10.1016/j.reseneeco.2011.09.002