This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They … present an overview of empirical results of the modelling of investment under uncertainty. In these examples, the effects of …

generates a random cash flow and that requires investment that the entrepreneur raises from a competitive market. The project …

upgrade its capital stock. First, they construct a dynamic model of regulation driven investment by a polluting firm. Second …, they specify the conditions characterizing efficient investment. Third, they study the impact of an unanticipated increase …