competitors in the market is low to begin with, but in higher prices when the number of competitors is large. Moreover, duopoly …

We consider a duopoly in a homogenous goods market where part of the consumers are ex ante uninformed about prices …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

investment in firm-specific cost reduction. They earn negative net profit in early periods, compensated later by strictlypositive …