Download or read book Equilibrium Investment Under Uncertainty Measurement Errors and the Investment Accelerator written by Thomas J. Sargent and published by . This book was released on 1986 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Investment Decision Under Uncertainty written by Donald Eugene Farrar and published by . This book was released on 1967 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment Under Uncertainty in Equilibrium written by Robert Novy-Marx and published by . This book was released on 2003 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Equilibrium Model of Investment Under Uncertainty written by Robert Novy-Marx and published by . This book was released on 2004 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment Under Uncertainty written by Herminio Alonso Blanco Mendoza and published by . This book was released on 1978 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Dynamic Theory of Investment Under Uncertainty written by Michael J. P. Magill and published by . This book was released on 1980 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Integrated Approach to Investment Under Uncertainty with Specific Comments Applicable to Rucker Company written by Kevin James McConnen and published by . This book was released on 1976 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Adjustment Costs and Theory of Investment Under Uncertainty written by Dung Nguyen and published by . This book was released on 1981 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment Under Uncertainty written by Iris Ginzburg and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment under Uncertainty Coalition Spillovers and Market Evolution in a Game Theoretic Perspective written by J.H.H Thijssen and published by Springer Science & Business Media. This book was released on 1988-11-15 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two crucial aspects of economic reality are uncertainty and dynamics. In this book, new models and techniques are developed to analyse economic dynamics in an uncertain environment. In the first part, investment decisions of firms are analysed in a framework where imperfect information regarding the investment's profitability is obtained randomly over time. In the second part, a new class of cooperative games, spillover games, is developed and applied to a particular investment problem under uncertainty: mergers. In the third part, the effect of bounded rationality on market evolution is analysed for oligopolistic competition and incomplete financial markets.

Download or read book A Unified Model of Investment Under Uncertainty written by Janice C. Eberly and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends the theory of investment under uncertainty to incorporate fixed costs of investment, a wedge between the purchase price and sale price of capital, and potential irreversibility of investment. In this extended framework, investment is a non-decreasing function of q, the shadow price of installed capital. There are potentially three investment regimes, which depend on the value of q relative to two critical values. For values of q above the upper critical value, investment is positive and is an increasing function of q, as is standard in the theory branch of the adjustment cost literature. For intermediate values of q, between two critical values, investment is zero. Although this regime features prominently in the irreversibility literature, it is largely ignored in the adjustment cost literature. Finally, if q is below the lower critical value, gross investment is negative, a possibility that is ruled out by assumption in the irreversibility of literature. In general, however, the shadow price q is not directly observable, so we present two examples relating q to observable varieties

Download or read book Investment Under Uncertainty and Irreversibility written by Fanny Saul Demers and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Models of investment under uncertainty when shocks are non gaussian written by Sergey Levendorsky and published by . This book was released on 1998 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Dynamics of Investment Under Uncertainty written by Nicholas Bloom and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Dynamics of Investment Under Uncertainty written by Nicholas Bloom and published by . This book was released on 2014 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We derive robust predictions on the effects of uncertainty on short run investment dynamics in a broad class of models with (partial) irreversibility. When their environment becomes more uncertain firms become more cautious and less responsive to demand shocks. This result contrasts with the long run analysis, in which the effect of real options on the level of the capital stock is ambiguous. An investment model is estimated to test these theoretical predictions using a panel of UK firms and a stock returns-based measure of uncertainty. As predicted we find that uncertainty reduces firms' responsiveness to demand shocks.

Download or read book Irreversible Investment and Industry Equilibrium written by Fridrik Mar Baldursson and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We establish the equivalence of competitive industry equilibrium with a central planner's decision problem under uncertainty, when investment is irreversible. The existence of industry equilibrium is derived, and it is shown that myopic behavior on the part of small agents is harmless, in the sense that it leads to the same decisions as full rational expectations do. Our model is set in continuous time and allows for very general forms of randomness. The methods are based on the probabilistic approach to singular stochastic control theory and its connections with optimal stopping problems.

Download or read book The Impact of Market Structure and Irreversibility on Investment Under Uncertainty written by Sara Maioli and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: