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Entry and Exit Decisions under Uncertainty

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Capital Theory and Investment Behavior

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Firing Costs and Labour Demand: How Bad is Eurosclerosis?

1990 • 1,441 citations

Irreversible Investment, Capacity Choice, and the Value of the Firm

1988 • 1,381 citations

Job Turnover and Policy Evaluation: A General Equilibrium Analysis

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Optimal Investment under Uncertainty.

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Brownian Motion and Stochastic Flow Systems.

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Investment and Hysteresis

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Brownian motion and stochastic flow systems

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The effects of price and cost uncertainty on investment

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On the Sign of the Investment-Uncertainty Relationship

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Optimal Investment with Costly Reversibility

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Irreversibility and Aggregate Investment

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Super contact and related optimality conditions

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Path Dependent Options: “Buy at the Low, Sell at the High”

1979 • 270 citations

A note on competitive investment under uncertainty

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Path Dependent Options: "Buy at the Low, Sell at the High"

1979 • 173 citations

Irreversible Investment with Price Ceilings

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Labor Turnover Costs and Average Labor Demand

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An exact solution for the investment and value of a firm facing uncertainty, adjustment costs, and irreversibility

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Investment under Uncertainty: Keeping One's Options Open

1994 • 109 citations

Adjustment costs and dynamic factor demands : investment and employment under uncertainty

1988 • 59 citations

Path-dependent options

1992 • 57 citations