-expected utility theory. Our framework allows us to study irreversible investment projects whose value has a time-variable volatility …

The following paper discusses the analysis of some types of economic time series using an altered time scale, or … operational time. It is argued that for some series, observations that are ordinarily thought of as equidistant in time are … actually irregularly spaced in a more natural time scale. Section A discusses point or impulse sampling of related series and …

, industries anticipating positive demand shifts in the near future should issue more equity (and debt) to finance additional …

In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …

. The imperfect information is endogenized using a variant of the theory of "rational inattention" proposed by Sims (1998 …

surprise. -- This analysis blends traditional public finance and behavioral economics with a number of hypothetical choice …

identify exogenous determinants of timing. We develop a theory illustrating conditions under which synchronicity will vary and … identify three factors -- the amount of daylight, the timing of television programming, and differences in time zones -- that … can alter timing. Using the American Time Use Survey for 2003 and 2004, we first show that an exogenous shock to time in …