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investment and production. Also, we find that though collaboration in capacity investment is bene cial, collaboration in … intense, demand is more variable and cost of investment is higher …
Persistent link: https://www.econbiz.de/10013098654
cost structures depend upon the buyer's bargaining power (opportunity cost). However, the winning supplier's investments … monopolist buyer. Such investments reduce the suppliers' variable costs of serving the buyer's demand. We show that an auction … mechanism does not always benefit the payment-minimizing buyer, the supply chain, or society. We identify scenarios where the …
Persistent link: https://www.econbiz.de/10014048217
This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components' capacity and inflexible firm …
Persistent link: https://www.econbiz.de/10013107880
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …
Persistent link: https://www.econbiz.de/10011349194
We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …
Persistent link: https://www.econbiz.de/10014024950
I develop a dynamic model of investment timing in which firms must first choose when to search for external financing …. Search is costly and the arrival of investors is uncertain, leading to delay in financing and investment. Depending on … parameters, my model can predict simultaneous financing and investment or early financing prior to investment. Additionally, the …
Persistent link: https://www.econbiz.de/10012952427
enter and pay the initial instalment cost as well as the optimal dynamic investment strategy that it follows afterward. For …
Persistent link: https://www.econbiz.de/10013140128
information about future investment opportunities. I examine whether this feature of alliances hinders the market's ability to … correctly assess the investment opportunities of firms in alliances. Supporting this prediction, more connected firms in a … network of alliances have a lower sensitivity of investment to stock price. Several alternative channels related to firm size …
Persistent link: https://www.econbiz.de/10012936063
This paper investigates whether network effects on investment exist and whether firms strategically herd their … common board member and estimate network effects on firms' investment decisions. Our identification strategy to resolve the … confirm significant network effects on firms' investment and show that firms strategically follow their connected firms with …
Persistent link: https://www.econbiz.de/10013223807
This paper investigates the effects of monetary policy on firms' investment behaviour. The analysis relies on a …. First, we estimate a reduced-form investment equation derived from the neo-classical model, augmented by cash flow. This …
Persistent link: https://www.econbiz.de/10011506540