Equilibrium Investment Strategies and Output Price Behavior: A Real-Options Approach
By Felipe L. Aguerrevere. 2003
147 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/af6003f1af1567413234a415c9d33f976d524292
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Citations in the corpus
- A real options–based CCS investment evaluation model: Case study of China’s power generation sector (2011, background): “Aguerrevere [49] studied the effects of competitive interactions on investment decisions and on dynamics of the price of incremental investment with time to build and operate flexibility.”
- Real Options, Product Market Competition, and Asset Returns (2009, background): “Our work is also related to Aguerrevere (2003) who shows how operating flexibility affects the behavior of equilibrium output prices in a model of strategic capacity expansion.”
- Strategic Capacity Investment Under Uncertainty (2015, unknown): “, Pindyck (1988), He and Pindyck (1992), Aguerrevere (2003), and Wu (2006). The firm is risk neutral and discounts against rate r > μ.”