Investment under Uncertainty

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? This book provides an exposition of a theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions.

Cum ar trebui firmele sa decida daca si cand sa investeasca in echipamente noi, in cresterea personalului sau in dezvoltarea de noi produse? Aceasta carte ofera o expunere a unei abordari teoretice a deciziilor de investitii de capital ale firmelor, subliniind ireversibilitatea majoritatii deciziilor de investitii.