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Capital Investment Under Uncertainty with Abandonment Options
- 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