Abstract
In the previous chapter we have only been dealing with the behaviour of private investors. In this part of the work the main interest is devoted to the analysis of the investment decisions of a firm. We concentrate on the investment in real, i.e. productive, assets, which are the means of producing consumption goods. In the final part of this chapter we consider again a private investor who wants to put his money in a financial asset.
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© 1988 Springer-Verlag Berlin Heidelberg
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Jammernegg, W. (1988). The Optimal Timing of Investment. In: Sequential Binary Investment Decisions. Lecture Notes in Economics and Mathematical Systems, vol 313. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46646-5_4
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DOI: https://doi.org/10.1007/978-3-642-46646-5_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-50034-6
Online ISBN: 978-3-642-46646-5
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