political process. The second part looks at the general equilibrium and macroeconomic effects of liberalization in economies …

, and to insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burns … economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of …

commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior …

This collection of articles in investment and portfolio management spans the thirty-five-year collaborative effort of … alternative specifications for return structures; the impact of CAPM and APT in the investment process; and taxes and portfolio …

determinant of investment expenditures. The cost of capital summarizes the future consequences of investment essential for current … decisions. This concept has become an indispensible tool for studying the dynamics of investment behavior. Both macroeconome … long-term investment expenditures. …

of unemployment, investment, and wages. Finally, he looks at the endogenous response of political institutions and …

of capital has been incorporated into investment functions in macroeconomic models, which are used to model the short …

also by investment and the diffusion of advanced technologies and expertise. …

The study of investment under uncertainty was stagnant for several decades, until recent developments in real options … conventional Net Present Value and other quantitative approaches. Topics covered include the reasons for the under-investment … problem and conceptual frameworks for viewing productive investment opportunities as real options; useful valuation building …