Title:

An Investment Model with Switching Costs and the Option to Abandon

Authors:

Mihail Zervos (LSE)
Carlos Oliveira (U Lisboa)
Kate Duckworth (LSE)

Journal:

Mathematical Methods Of Operations Research

Year:

2018

Volume:

88

Number:

3

Pages:

417-443

JEL codes:

H43 - Project Evaluation; Social Discount Rate
C41 - Duration Analysis
D92 - Intertemporal Firm Choice and Growth, Investment, or Financing
G31 - Capital Budgeting; Fixed Investment and Inventory Studies

DOI:

10.1007/s00186-018-0641-5