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Princeton University Press - Investment under Uncertainty Book

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£46.27 £44.66 £45.01 £45.36 £45.72 £46.07 £46.42 25 July 2026 02 August 2026 10 August 2026 18 August 2026 26 August 2026
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Description

Explore the complexities of corporate decision-making with Investment under Uncertainty, published by Princeton University Press. This book addresses the fundamental questions of how firms determine whether and when to invest in new capital equipment, expand their workforce, or develop new products. Authors Avinash Dixit and Robert Pindyck examine why traditional economic models often fail to explain investment spending patterns in the United States and globally. They introduce a new theoretical approach that focuses on the reality of the economic environment. By analyzing the irreversibility of most investment decisions and the constant presence of uncertainty, this text provides a detailed exposition of how businesses navigate high-stakes financial choices in unpredictable markets.

Key Features

Authored by Avinash Dixit and Robert Pindyck to provide a detailed exposition of new theoretical approaches to capital investment.

Published by Princeton University Press to offer academic and professional insights into firm decision-making.

Examines the impact of the irreversibility of investment decisions on capital equipment and workforce expansion.

Analyzes why traditional economic models fail to explain investment spending behavior in the United States and other countries.

Addresses the challenges of making decisions within an ongoing uncertain economic environment.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
02 February 1994
Listed Since
16 December 2006

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