We use newly-available Indian panel data to estimate how the returns to planting-stage investments vary by rainfall … realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … when there is no skill. We show, using an IV strategy in which the Indian government forecast of monsoon rainfall serves as …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

independent of the risk characteristics of the investment options: the first and last investment options presented tend to receive …The aim of this study was to understand the potential effects of different information disclosures regarding risk on … retirement investing behavior. The authors developed and tested two modifications to the section on investment performance on the …

consumption, investment, and welfare of farmers in developing countries. Weather insurance has the potential to provide large …I develop and estimate a dynamic stochastic optimization model to assess the impact of weather insurance on the … be due to high insurance premium, basis risk, and the interplay with other uninsured risks …

Initiating a conflict is an investment in social, political or economic change. The decision to attack is sequential in … solved policies can prolong the peace period to find a long term solution to the conflict. -- non-systematic risk of social … conflicts ; uncertain investment in conflict ; theory of conflict ; decision to attack …

Recent theoretical developments relating to investment under uncertainty have highlighted the importance of … irreversibility for the timing of investment expenditures and their expected returns. This has subsequently stimulated a growing … empirical literature which examines uncertainty and threshold effects of investment behaviour. This paper presents a review of …

: capital investment, hiring, research and development, and advertising. We find that uncertainty depresses capital investment … literature emphasizing that long investment lags create valuable real put options which offset the effects of call options lost … roughly a third of the fall in capital investment and hiring that occurred in 2008-10 …

reverting processes are rarely used in investment models in the literature. In most models, geometric Brownian motion processes … investigations of aggregate industry investment …

A typical model of investment under uncertainty, where firms pay an irreversible cost in order to produce, is studied …

We study the effects of uncertainty on corporate leverage adjustments with respect to investment spikes and find that … overlevered and underlevered firms behave very differently in response to the combination of uncertainty and investment spikes …