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烈窃右

Readings In Real Options and Environmental Economics References Ab el, Andrew B. and Janice C. Eb erly , \A Uni ed Mo del of Investment Under Uncertainty, American Economic Review, 1994, 84 (5), 1369{1384. and , \An Exact Solution for the Investment and Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility, Journal of Economic Dynamics and Control, 1997, 21, 831{852. , Avinash K. Dixit, Janice C. Eb erly, and Rob ert S. Pindyck , \Options, the Value of Capital, and Investment, Quarterly Journal of Economics, 1996, 111, 755{777. Arrow, Kenneth J. and Anthony C. Fisher , \Environmental Preservation, Uncertainty, and Irreversibility, Quarterly Journal of Economics, 1974, 88, 312{319. Baldursson, Fridrik M. and Ioannis Karatzas , \Irreversible Investment and Industry Equi- librium, Finance and Stochastics, 1997, 1, 69{89. Brennan, Michael J. and Eduardo S. Schwartz , \Evaluating natural resource investments, Journal of Business, 1985, 58, 135{157. Caballero, Ricardo J. , \On the Sign of the Investment-Uncertainty Relationship, American Economic Review, 1991, 81 (1), 279{288. 1 and Rob ert S. Pindyck , \Uncertainty, Investment, and Industry Evolution, International Economic Review, 1996, 37(3), 641{662. Cap ozza, Dennis and Yuming Li , \The Intensity and Timing of Investment: The Case of Land, American Economic Review, Septemb er 1994, 84 (4), 889{904. Chao, Hung-Po and Rob ert Wilson , \Option Value of Emission Allowances, Journal of Regulatory Economics, 1993, 5, 233{249. Cichetti, Charles J. and A. Myrick Freeman I I I , \Option Demand and Consumer Surplus: Further Comment, Quarterly Journal of Economics, 1971, 85, 538{539. Coggins, Jay S. and Cyrus A. Ramezani , \An A

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