This paper discusses the real options approach to investment. Real options facilitate an analysis of investment under … uncertainty explicitly taking into account irreversibility of the investment decision and flexibility with respect to the … investment timing. This is achieved by exploiting the analogy between a financial option and an investment project. We pinpoint …

secondary mortgage markets. The investment behavior of real estate assets. The development of REITs and securitized debt markets … presents some of the major concepts, principles, analytical methods and tools useful for making investment and finance …, portfolio or firm level decisions and investment management considerations. (More fundamental "micro" level analysis, pertaining …

capital input via relative investment goods prices, taking into account the flow of capital input per unit of capital stock in …

observed from 1996 to 2001. Our model allows for risk, risk attitudes and the intertemporal investment decisions. We also allow …

access to credit increasesTFP up to 1.9% per 1000 EUR of additional credit. The use of variable inputs and capital investment … increases up to 2.3% and 29%, respectively, per 1000 EUR of additionalcredit. Due to credit-financed investment in labour …

The objective of this paper is to analyse farm strategies and investment behaviour in a sample ofselected Italian farm … households using multi-criteria dynamicprogramming, including investment choice. A total of 24 farms were selected for modelling … investment, though the latter seems more relevant than the former. However,decoupling itself shows minor effects in the majority …

ofdurable goods, solvency and investment pattern of thefirms in the different stages of the ‘family-firm life cycle’also show …