Moretto, Michele; Rossini, Gianpaolo - Fondazione ENI Enrico Mattei (FEEM) - 2005
effect that this has on the reactions to market uncertainty. However, the set of internal organizations of firms is larger … interpret them. According to recent literature, firms carry out an irreversible investment, such as entry, only if market prices … because they react in diverse fashions to market price volatility. In this sense we are able to show that, in most cases, the …