459
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

Numerical solution of the sequential investment model: a note on Dixit and Pindyck's (1994) analysis

&
Pages 743-752 | Published online: 28 Oct 2009

References

  • Ames , W. F. 1969 . Numerical methods for partial differential equations , New York : Academic .
  • Bar-Ilan , A. and Strange , W. 1998 . A model of sequential investment . Journal of Economic Dynamics and Control , 22 ( 3 ) : 437 – 63 .
  • Brandimarte , P. 2002 . Numerical methods in finance and economics: A MATLAB based introduction , New York : Wiley .
  • Dixit , A. and Pindyck , R. 1994 . Investment under uncertainty , Princeton, NJ : Princeton University Press .
  • Friedl , G. 2002 . Sequential investment and time to build . Schmalenbach Business Review , 54 : 56 – 79 .
  • Howell , S. , Stark , A. , Newton , D. , Paxson , D. , Cavus , D. , Pereira , D. and Patel , K. 2001 . Real options: Evaluating corporate investment opportunities in a dynamic world , London : Pearson/FT Press .
  • Hull , J. and White , A. 1990 . Valuing derivatives securities using the explicit finite difference method . Journal of Financial and Quantitative Analysis , 25 ( 1 ) : 87 – 100 .
  • Majd , S. and Pindyck , R. 1987 . Time to build, option value, and investment decisions . Journal of Financial Economics , 18 March : 7 – 27 .
  • Mayo , A. 2004 . High-order accurate implicit finite difference method for evaluating American options . The European Journal of Finance , 10 ( 3 ) : 212 – 37 .
  • Saphores , J. , Gravel , E. and Bernard , J. 2004 . Regulation and investment under uncertainty: An application to power grid interconnection . Journal of Regulatory Economics , 25 ( 2 ) : 169 – 86 .
  • Strikwerda , J. 2004 . Finite difference schemes and partial differential equations , Pacific Grove, CA : Wadsworth and Brooks .
  • Wilmott , P. , Dewynne , J. and Howison , S. 1993 . Option pricing: Mathematical models and computation , Oxford Financial Press .
  • Wilmott , P. , Howison , S. and Dewynne , J. 1995 . The mathematics of financial derivatives: A student introduction , Cambridge, , UK : Cambridge University Press .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.