This study examines the potential applications of the Rational Expectations Hypothesis (REH) in information technology (IT) investment and adoption decisionmaking. Although REH ha...
We analyze a model of irreversible investment with two sources of uncertainty. A riskneutral decision maker has the choice between two mutually exclusive projects under input pric...
We prove that the radix cross-section of a rational set for a length morphism, and more generally for a rational function from a free monoid into N, is rational, a property that d...