Back to Search Start Over

Capital Investment Under Uncertainty with Abandonment Options

Authors :
Charles P. Bonini
Source :
The Journal of Financial and Quantitative Analysis. 12:39
Publication Year :
1977
Publisher :
JSTOR, 1977.

Abstract

This paper is an analytic treatment of the abandonment decision in capital investment analysis. It provides a methodology which has application in obtaining better estimates for project value and risk.

Details

ISSN :
00221090
Volume :
12
Database :
OpenAIRE
Journal :
The Journal of Financial and Quantitative Analysis
Accession number :
edsair.doi...........40bf06adac7c22aa1922897543c3414a
Full Text :
https://doi.org/10.2307/2330286