Investment under uncertainty /

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries?

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Bibliographic Details
Main Author: Dixit, Avinash K.
Other Authors: Pindyck, Robert S.
Format: eBook
Language:English
Published: Princeton, N.J. : Princeton University Press, ©1994.
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