The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

The impact of uncertainty on firms? investment outlays is subject to an ongoing debate.Der Einfluss von Unsicherheit …

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumen-tation, backed with particularly convincing economic … evidence, is necessary to justify a pro-hibition of a conglomerate merger from an economic point of view. Against this …

synergies and implications of the proposed merger between NYSE Euronext and Deutsche Börse, which he sees as a continuation of … approach in the merger test, which would induce the Commission to impose rigorous conditions to clear the deal. The author also …

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumentation, backed with particularly convincing economic … evidence, is necessary to justify a prohibition of a conglomerate merger from an economic point of view. Against this …

German firms with a merger and acquisition database. After a cross-border acquisition, investing firms display a higher rate …