sector this paper shows that investment incentives may vary depending on the applied auction scheme. The model is designed as … a two stage game, where the franchisee decides about investment on the first and competes with a potential market … entrant on the second stage. Investment tends to be higher in sealed bid auctions than in an English auction, since the …

In this paper, we examine net investment during the early stages of transition using micro data on the population of … models of investment and test if investment behavior varies across categories of ownership and with the legal status of firms …. Our analysis of depreciation leads us to the conclusion that replacement investment displays a similar pattern in many …

microeconomic analysis. Depreciation is a main source of enterprise investment and serves as a source for replacement of obsolete or …

The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …