How Long to Read Investment Under Uncertainty

How Long Does it Take to Read Investment Under Uncertainty?

It takes the average reader 8 hours and 11 minutes to read Investment Under Uncertainty by Robert K. Dixit

Assuming a reading speed of 250 words per minute. Learn more

Description

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

How long is Investment Under Uncertainty?

Investment Under Uncertainty by Robert K. Dixit is 484 pages long, and a total of 122,936 words.

This makes it 163% the length of the average book. It also has 150% more words than the average book.

How Long Does it Take to Read Investment Under Uncertainty Aloud?

The average oral reading speed is 183 words per minute. This means it takes 11 hours and 11 minutes to read Investment Under Uncertainty aloud.

What Reading Level is Investment Under Uncertainty?

Investment Under Uncertainty is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Investment Under Uncertainty?

Investment Under Uncertainty by Robert K. Dixit is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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