This paper reviews corporate investment decisions under risk. Various situations are discussed such as that of a single … entrepreneur or that of several owners. In addition, tradable securities may or may not exist. If such trade exists, investment … risks can be hedged . But securities can be purchased for investment purposes, too; thus trade in securities does not …

This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment … investment theory, professionals in the financial sector and students of macroeconomics and finance. Investment, Capital Market …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They …