行为经济学经典--不确定下的投资(40页).pdfVIP

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行为经济学经典--不确定下的投资(40页).pdf

行为经济学经典--不确定下的投资(40页)

Investment Under Uncertainty (Princeton U. press, 1994) Avinash Dixit and Robert Pindyck (Princeton U. press, 1994) Chapter 1 A New View of Investment Economics defines investment as the act of incurring an immediate cost in the expectation of future rewards. Firms that construct plants and install equipment, merchants who lay in a stock of goods for sale, and persons who spend time on vocational education are all investors in this sense. Somewhat less obviously, a firm that shuts down a loss-making plant is also investing: the payments it must make to extract itself from contractual commitmen

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