Shutdown option, systematic risk and the theory of the firm

Joël Bessis and Blaise Allaz
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Joël Bessis: HEC Paris - Recherche - Hors Laboratoire - HEC Paris - Ecole des Hautes Etudes Commerciales
Blaise Allaz: HEC Paris - Recherche - Hors Laboratoire - HEC Paris - Ecole des Hautes Etudes Commerciales

Working Papers from HAL

Abstract: Etude de l'équilibre partiel de l'entreprise en période incertaine quand il existe une option de clôture des activités.

Keywords: équilibre; entreprise; période incertaine; option; clôture (search for similar items in EconPapers)
Date: 1991
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Published in 1991

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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00515660

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