The current extensive literature on irreversible investment decisions makes the assumption of constant interest rate … investment project. Given the generality of the considered valuation problem, we first provide a thorough mathematical … interest rate variability may have a profound decelerating or accelerating impact on investment demand depending on whether the …

The current extensive literature on irreversible investment decisions makes the assumption of constant interest rate … investment project. Given the generality of the considered valuation problem, we first provide a thorough mathematical … interest rate variability may have a profound decelerating or accelerating impact on investment demand depending on whether the …

The current extensive literature on irreversible investment decisions makes the assumption of a constant interest rate … investment project. Given the generality of the considered valuation problem, we first provide a thorough mathematical … interest rate variability may have a profound decelerating or accelerating impact on investment demand depending on whether the …

This article discusses the effects of corporate tax asymetries under investment irreversibility. We indroduce a tax …

This article studies the effects of corporate tax asymmetries on irreversible investment. We discuss an asymmetric tax …