In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of … new theory of finance and investment which recognizes the problem of bankruptcy when the future is uncertain. It will be …

credit (PTC) causes a boom-bust cycle in wind power plant investment in the U.S. This on-off pattern is detrimental to the … is widely assumed that the severe downturn in investment during "off" years implies that wind power is unviable without … that causes the investment downturn during "off" years, but rather the uncertainty over its return. Specifically, it is the …