nowadays the most robust investment irrespective of the future uncertainty on natural resource availability and technological …-makers, results show that the wave improvement estimated for 2030 and 2050 could make this technology an effective investment in the …

capacity of a firm. However, with a few exceptions, such lags are ignored in the modelling of irreversible investment under … uncertainty. In this paper I examine the impact such lags have on the optimal investment strategy of a firm in the context of …. Furthermore, when KU and lags are jointly incorporated into a problem of irreversible investment under uncertainty, volatility …

tax audits, and simplified estimates of capital tax bases in investment models. Uncertain returns on investment as well as … stochastic taxation contribute to overall uncertainty and may significantly affect investment decisions. Hitherto, it is unknown … how capital tax uncertainty affects investment timing. However, it is well known that both uncertainty and capital tax may …