and that the poor especially benefit from food price stabilization. We derive an exact measure of multivariate price risk …

The objective of this paper is to propose an econometric analysis of the impact of financial variables on investment … behavior in Sub-Saharan African countries. More specifically, the study estimates an investment function using cointegration … techniques with a view to highlight the impact of Stock Exchange prices on the evolution of long-term investment and its …

and the level of investment in coastal restoration. Preliminary results show that property size, attitudes toward wetland … restoration and maintenance, land use, and degree of risk aversion are important factors in a landowner’s decisions to invest in …

classical investment theory. The presence of a price floor and learning from personal experience during the experiment do not …In this study, we experimentally analyze the investment behavior of smallholder farmers in Uganda. We consider a … options approach and the classical investment theory can predict farmers’ investment behaviors. We also examine differences in …

Investment decisions are not only characterised by irreversibility and uncertainty but also by flexibility with regard … to the timing of the investment. This paper describes how stochastic simulation can be successfully integrated into a … backward recursive programming approach in the context of flexible investment planning. We apply this hybrid approach to a …

observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow … risk and non-risk neutral economic agents, decoupled transfers can have a powerful influence on decisions taken by economic …

Renewable Fuel Standard (RFS) aims to support investment in cellulosic biofuel refineries by mandating a floor on the … conceptual model to study the impact of RINs on stimulating investment in cellulosic biofuel refineries under a waivable mandate …. In a two-period framework, we compare the first-period investment level in three scenarios: (1) laissez-faire, (2) non …

Investment decisions are, as a rule, characterized by uncertainty, irreversibility and flexibility. Simple net present … value calculations will not account for these features. In many situations even flexible investment planning with decision … trees, which represents the most advanced method of traditional investment appraisal, does not have the capacity to solve …

R&D spending in New Zealand is a mixture of private and public investment undertaken to improve productive activity and … efficiency. Investment is split fairly equally between private business, government organisations and the universities. It is a … long term investment with some uncertainty about outcomes being achieved. It is predominantly a public good investment as …