Applying real options in investment deci
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Tyrone T. Lin; Chuan-Chuan Ko; Hsin-Ni Yeh
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Article
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2007
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Elsevier Science
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English
β 156 KB
This study focuses on how to assess the optimal environmental investment decisions under economic and ecological uncertainty, and establishes the continuous time model using the real option approach to optimize environmental pollution policy. Unlike traditional cost benefit analysis, this work exten