Title:

Hysteresis Due to Irreversible Exit: Addressing the Option to Mothball

Authors:

Manuel Guerra (U Lisboa)
Peter Kort (U Tilburg, U Antwerp)
Cláudia Nunes (U Lisboa)
Carlos Oliveira Cruz (U Lisboa)

Journal:

Journal of Economic Dynamics and Control

Year:

2018

Volume:

92

Pages:

69-83

JEL codes:

G13 - Contingent Pricing; Futures Pricing
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure

DOI:

10.1016/j.jedc.2018.04.009