Investment under uncertainty

Dixit and Pindyck
Princeton University Press; First Printing edition (1994)
（高清版)

Endorsements:

"[The authors'] approach has powerful implications for investors in marketable assets as well. No investment professional or CFO can afford to ignore this brilliant new book."--Peter L. Bernstein, author of Capital Ideas: The Improbable Origins of Modern Wall Street

"Avinash Dixit and Robert Pindyck have successfully applied to capital budgeting the ideas and techniques of option pricing that have so enriched our understanding of financial markets."--Merton H. Miller, Nobel Laureate in Economics

Table of Contents:

Preface        
1        A New View of Investment        3
2        Developing the Concepts Through Simple Examples        26
3        Stochastic Processes and Ito's Lemma        59
4        Dynamic Optimization under Uncertainty        93
5        Investment Opportunities and Investment Timing        135
6        The Value of a Project and the Decision to Invest        175
7        Entry, Exit, Lay-Up, and Scrapping        213
8        Dynamic Equilibrium in a Competitive Industry        247
9        Policy Intervention and Imperfect Competition        282
10        Sequential Investment        319
11        Incremental Investment and Capacity Choice        357
12        Applications and Empirical Research        394
References        429
Symbol Glossary        445
Author Index        449
Subject Index        455