This article is the first to analyze the simultaneous choice of investment and organizational form using the behavioral … finance approach. When entrepreneurs are rational, the choice of investment and organizational form is irrelevant in most …

are facing. In this article, investment decision-making is modeled by means of a Kohonen neural network. Its neurons …

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 …

is profitability from the average and the deeper the out-of-equilibrium conditions. The farther away is the firm from … profitability and innovative activity, as measured by the rates of increase of total factor productivity, is articulated and tested … between the quadratic specification of profitability and the growth rates of total factor productivity. The results are robust …

aggregate discount rates, competition intensity, profitability, and asset prices. Product market competition endogenously … margins tend to be higher yet more exposed to discount-rate fluctuations, thereby generating the gross profitability premium …

This paper analyzes the interaction between R&D and merger profitability. The industry is composed of symmetric firms …&D investments to the new market structure. It is found that in most cases R&D has a negligible impact on merger profitability, and … toward a merger in the absence of R&D, R&D has an effect on merger profitability. Noncooperative R&D makes such mergers …