| [1] |
Baldwin, Carliss Y., Optimal sequential investment when capital is not readily reversible, Journal of Finance, 37, 763-782 (1982) |
| [2] |
Bertola,, Giuseppe, Irreversible investment (1989), Princeton University: Princeton University Princeton, NJ, Unpublished paper · Zbl 0897.90014 |
| [3] |
Brennan, Michael J.; Schwartz, Eduardo S., Evaluating natural resource investments, Journal of Business, 58, 135-157 (1985) |
| [4] |
de Groote, Xavier, Flexibility and the marketing/manufacturing interface (1987), Unpublished paper |
| [5] |
Dixit,, Avinash, Entry and exit decisions under uncertainty, Journal of Political Economy, 97, 620-637 (1989) |
| [6] |
Fine, Charles H.; Freund, Robert M., Optimal investment in product-flexible manufacturing capacity, Management Science, 36, 449-466 (1990) · Zbl 0699.90044 |
| [7] |
Fuss,, Melvyn; McFadden, Daniel, Flexibility versus efficiency in ex ante plant design, (Fuss, M.; McFadden, D., Production economics: A dual approach to theory and applications, Vol. 1 (1978), North-Holland: North-Holland Amsterdam), 311-364 |
| [8] |
Harrison, J. Michael, Brownian motion and stochastic flow system (1985), Wiley: Wiley New York, NY · Zbl 0659.60112 |
| [9] |
Kulatilaka,, Nalin, The value of flexibility, (MIT Energy Laboratory working paper no. 86-014WP (1987), Massachusetts Institute of Technology: Massachusetts Institute of Technology Cambridge, MA) |
| [10] |
Kulatilaka,, Nalin; Marks, Stephen G., The strategic value of flexibility: Reducing the ability to compromise, American Economic Review, 78, 574-580 (1988) |
| [11] |
MacKie-Mason, Jeffrey K., Some nonlinear tax effects on asset values and investment decisions under uncertainty, Journal of Public Economics, 42, 301-328 (1990) |
| [12] |
Majd,, Saman; Pindyck, Robert S., Time to build, option value, and investment decisions, Journal of Financial Economics, 18, 7-27 (1987) |
| [13] |
McDonald,, Robert; Siegel, Daniel R., Investment and the valuation of firms when there is an option to shut down, International Economic Review, 26, 331-349 (1985) · Zbl 0576.90008 |
| [14] |
McDonald,, Robert; Siegel, Daniel R., The value of waiting to invest, Quarterly Journal of Economics, 101, 707-728 (1986) |
| [15] |
Merton, Robert C., On the pricing of contingent claims and the Modigliani-Miller theorem, Journal of Financial Economics, 5, 241-249 (1977) |
| [16] |
Pindyck, Robert S., Irreversible investment, capacity choice, and the value of the firm, American Economic Review, 78, 969-985 (1988) |
| [17] |
Pindyck, Robert S., Irreversibility, uncertainty, and investment, Journal of Economic Literature, 29, 1110-1148 (1991) |
| [18] |
Triantis, Alexander J.; Hodder, James E., Valuing flexibility as a complex option, Journal of Finance, 45, 549-565 (1990) |
| [19] |
Vives, Xavier, Commitments, flexibility, and market outcomes, International Journal of Industrial Organization, 4, 217-229 (1986) |
