Blar i TØI Vitenarkiv på emneord "Real options"
Viser treff 1-1 av 1
-
Optimal Entry and Exit Decisions Under Uncertainty and the Impact of Mean Reversion
(Journal article; Peer reviewed, 2022-09-21)This paper derives an entrepreneur’s optimal switching between an idle and an active state under stochastic mean reverting output prices. The paper suggests a new categorisation of the effects of mean reversion. Mean ...