Optimal capital accumulation under price uncertainty and costly reversibility

Author:

Alvarez Luis H.R.

Publisher

Elsevier BV

Subject

Applied Mathematics,Control and Optimization,Economics and Econometrics

Reference42 articles.

1. Consumption and investment;Abel,1990

2. Optimal investment with costly reversibility;Abel;The Review of Economic Studies,1996

3. Options, the value of capital, and investment;Abel;The Quarterly Journal of Economics,1996

4. The effects of irreversibility and uncertainty on capital accumulation;Abel;Journal of Monetary Economics,1999

5. A class of solvable stochastic dividend optimization problems: on the general impact of flexibility on valuation;Alvarez;Economic Theory,2006

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