• Title of article

    Entry and exit decisions under uncertainty: The limiting deterministic case

  • Author/Authors

    Kongsted، نويسنده , , Hans Christian ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    6
  • From page
    77
  • To page
    82
  • Abstract
    This paper establishes the general deterministic limit that corresponds to Dixitʹs model of entry and exit decisions under uncertainty. The interlinked nature of decisions is shown to be essential also in the deterministic limit. A numerical example illustrates the result.
  • Keywords
    Entry-exit policies , Irreversible investment , price volatility
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434097

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434097