Investment under Uncertainty, Irreversibility and the Arrival of Information Over Time

1 April 1991

journal article
Published by Oxford University Press (OUP) in The Review of Economic Studies

Vol. 58 (2) , 333-350
https://doi.org/10.2307/2297971

Abstract

In this paper, we consider a risk-neutral competitive firm which is uncertain about the true state of demand. We build upon Arrow by demonstrating tha

Keywords

UNCERTAINTY
BUILD
IRREVERSIBILITY
TRUE STATE
COMPETITIVE FIRM
RISK NEUTRAL
NEUTRAL COMPETITIVE
DEMONSTRATING THA
ARRIVAL
ARROW

This publication has 0 references indexed in Scilit: