Choice of nuclear power investments under price uncertainty: Valuing modularity

Investment Under Uncertainty.

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

Business, Business Economics, Economics +16

Environmental Preservation, Uncertainty, and Irreversibility

Kenneth J. Arrow, Anthony C. Fisher · The Quarterly Journal of Economics · 1974 · 1.6K citations

Social Sciences, Economics, Environmental Policy +14

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

Investment decision under uncertainty, The irreversibility effect

Claude Henry · American Economic Review · 1974 · 606 citations

Business, Decision Sciences, Economics +14

Funding Criteria for Research, Development, and Exploration Projects

Kevin Roberts, Martin L. Weitzman · Econometrica · 1981 · 450 citations · Full text

Management, Project Management, Decision Analysis +13