%0 Journal Article
%T Real Options and Environmental Policies: The Good, the Bad, and the Ugly
%A Jinhua Zhao
%A Justus Wesseler
%J -
%D 2019
%R 10.1146/annurev-resource-100518-094140
%X The literature on real options shows that irreversibilities, uncertainties about future benefits and costs, and the flexibility in decision making generate benefits and costs of delaying immediate ..
%U https://www.annualreviews.org/doi/abs/10.1146/annurev-resource-100518-094140