Implementation lag and the investment decision

Time to build, option value, and investment decisions

Saman Majd, Robert S. Pindyck · Journal of Financial Economics · 1987 · 934 citations

Business, Economics, Finance +14

Equilibrium Investment Strategies and Output Price Behavior: A Real-Options Approach

Felipe Aguerrevere · Review of Financial Studies · 2003 · 144 citations

Business, Business Economics, Economics +17

The impact of delivery lags on irreversible investment under uncertainty

Luis H. R. Alvarez, Jussi Keppo · European Journal of Operational Research · 2002 · 76 citations

Business, Economics, Finance +14