Optimal Sequential Investment When Capital is Not Readily Reversible

Determinants of corporate borrowing

1977 • 13,054 citations

An Intertemporal Capital Asset Pricing Model

1973 • 6,653 citations

Increasing risk: I. A definition

1970 • 3,861 citations

Applied Probability Models with Optimization Applications.

1971 • 2,311 citations

Optimal Statistical Decisions.

1971 • 2,047 citations

Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms

2004 • 1,036 citations

Investment decision under uncertainty, The irreversibility effect

1974 • 623 citations

Searching for the Lowest Price When the Distribution of Prices Is Unknown

1974 • 602 citations

The Optimal Exploration and Production of Nonrenewable Resources

1978 • 530 citations

Investment Strategy and Growth in a New Market

1979 • 471 citations

Funding Criteria for Research, Development, and Exploration Projects

1981 • 449 citations

Monopoly and the Rate of Extraction of Exhaustible Resources

1976 • 357 citations

Uncertainty and Exhaustible Resource Markets

1980 • 348 citations

OPTIMAL CAPITAL POLICY WITH IRREVERSIBLE INVESTMENT

1966 • 288 citations

Value, Capital and Growth

2017 • 227 citations

MARKET RISK ADJUSTMENT IN PROJECT VALUATION

1978 • 203 citations

CAPITAL BUDGETING OF RISKY PROJECTS WITH “IMPERFECT” MARKETS FOR PHYSICAL CAPITAL

1974 • 103 citations

Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty

1980 • 87 citations

The Pricing of Durable Exhaustible Resources

1981 • 70 citations

THE COST OF CAPITAL AND OPTIMAL FINANCING OF CORPORATE GROWTH

1963 • 57 citations

Investment, Market Structure, and the Cost of Capital

1979 • 37 citations

Investment Decisions with Economies of Scale and Learning

1981 • 32 citations

Liquidity preference under uncertainty: A model of dynamic investment in illiquid opportunities

1979 • 25 citations

Monopoly and the Intertemporal Production of a Durable Extractable Resource

1980 • 25 citations

VALUATION AND ASSET SELECTION UNDER ALTERNATIVE INVESTMENT OPPORTUNITIES

1976 • 15 citations

The Optimal Duration of Growth Investments and Search

1979 • 15 citations

Long-term commitments, dynamic optimization, and the business cycle.

1979 • 8 citations

Funding Criteria for Research, Development and Exploration Projects

1979 • 1 citations