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thetiming of choice and the uncertainty in the future about price and decoupled payments. Aggregate policyimpact is identified …
Persistent link: https://www.econbiz.de/10009446276
This dissertation addresses the crucial problem of how environmental policy uncertainty influences investments in … by considering the impact of uncertainty in the carbon tax on investments in a portfolio of technologies. We determine …-specific investments. We determine the impact of risk in the carbon tax on the portfolio. We find that the response of the optimal …
Persistent link: https://www.econbiz.de/10009467959
addition, an increase in interalliance competition decreases investments in the focal alliance but increases investment in the …
Persistent link: https://www.econbiz.de/10009475396
macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investor than for an uninformed investor. Simulation of the model suggests that when macroeconomic uncertainty is high … investors during a period of high macroeconomic uncertainty. …
Persistent link: https://www.econbiz.de/10009482088
language. KEY WORDS: INVESTMENTS, RISK, MANAGEMENT, PROJECTS Research theme – investment project risk and its management … Research subject – investment project risk management in business enterprises. The aim of research – to form a model of … investment project risk management and its implementation in control stages and to check the function of this model. Objectives:1 …
Persistent link: https://www.econbiz.de/10009479166
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
two questions from the decision making literature. First, what determines how much uncertainty a firm has when investing … data, support was found for the Bounded Rationality hypothesis; firms have less uncertainty about an acquisition … hypothesis; firms whose prior machines perform below aspiration levels seek more uncertainty in their subsequent acquisitions …
Persistent link: https://www.econbiz.de/10009438770
The twin problems of moral hazard and adverse selection are often blamed for the lack of insurance for many fruits and vegetables. This paper develops an alternative method of testing for adverse selection that uses a two-stage approach to determine the effects of technical inefficiency on the...
Persistent link: https://www.econbiz.de/10009442641
Risk and uncertainty in a water market will generate trading patterns that differ from those expected under conditions … generated by differences in risk. Some farmers will choose to reduce relative risk by purchasing additional water rights whereas … permanent rights markets, farmers who are better able to bear risk are more likely to participate in the spot market than those …
Persistent link: https://www.econbiz.de/10009443454
Fisheries management is complicated in nearly all cases by various types of uncertainty. Numerous economics and … fisheries science publications prescribe adjustments to harvest strategies and regulations in the face of uncertainty. The … scientists regarding management of fisheries under uncertainty. We identify common findings and discuss divergent ones. We also …
Persistent link: https://www.econbiz.de/10009446063