investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm s value due to profit sharing, linking this reduction to the …

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used … general one and has the advantage of providing closed form solutions for both short-run investment rule and long-run rate of … demand function with additive shocks. Under this assumption, analytical solutions, for both short-run investment rule and …

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used … general ones and has the advantage of providing closed form solutions for both short-run investment rule and long-run rate of …

The paper considers the problem of evaluating the probability of investing in a capital-investment project as a measure … of the uncertainty-investment relationship in a real option model. By the use of the contingent claims analysis the …

's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm's value due to profit sharing, linking this reduction to the …

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used … general ones and has the advantage of providing closed form solutions for both short-run investment rule and long-run rate of …

's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm's value due to profit sharing, linking this reduction to the …

We analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm's investment of …-up investment relative to a pure price cap scheme. Profit sharing does not necessarily affect total investment either, if the … optimally trigger tighter regulation: profit sharing should be less stringent in sectors where there are bigger investment …

’s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm’s value due to profit sharing, linking this reduction to the …