On the relationship of the dynamic programming approach and the contingent claim approach to asset valuation

Investment Under Uncertainty.

Eduardo S. Schwartz, Avinash Dixit, Robert S. Pindyck · The Journal of Finance · 1994 · 9.9K citations

Business, Business Economics, Economics +16

Evaluating Natural Resource Investments

Michael J. Brennan, Eduardo S. Schwartz · The Journal of Business · 1985 · 2.4K citations

Business, Economics, Finance +17

Entry and Exit Decisions under Uncertainty

Avinash Dixit · Journal of Political Economy · 1989 · 2.4K citations

Business, Business Economics, Economics +13

Irreversible Investment, Capacity Choice and the Value of the Firm

Robert S. Pindyck · AgEcon Search (University of Minnesota, USA) · 1986 · 1.3K citations · Full text

Management, Business Economics, Economics +17

Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases

James L. Paddock, Daniel R. Siegel, James L. Smith · The Quarterly Journal of Economics · 1988 · 829 citations

Business, Business Economics, Finance +17