Similar Search Results

Commitment as investment under uncertainty

Ritter, Joseph Anthony; Haubrich, Joseph Gerard - 1996

Persistent link: https://www.econbiz.de/10000974892

Real options and investment under uncertainty: what do we know?

Trigeorgis, Lenos - In: Firms' investment and finance decisions : theory and …, (pp. 153-166). 2003

Persistent link: https://www.econbiz.de/10001800210

Real options and investment under uncertainty : what do we know?

Trigeorgis, Lenos - 2002

Persistent link: https://www.econbiz.de/10011623307

No good deals - no bad models

Boyarchenko, Nina; Cerrato, Mario; Crosby, John; … - 2012

investors' effective risk aversion. Using this utility function, we extend the "no good deals" methodology of Cochrane and Saá … some numerical examples. -- asset pricing theory ; good-deal bounds ; Knightian uncertainty ; model uncertainty …

Persistent link: https://www.econbiz.de/10009679505

Policy Uncertainty and Cash Dynamics

Tut, Daniel - 2019

Why and when do firms optimally deviate from target cash? And why do we observe imperfect adjustment of cash? In this paper, we postulate and provide evidence that policy uncertainty induces financing frictions and adjustment costs which decelerate the speed of adjustment (SOA) of cash toward...

Persistent link: https://www.econbiz.de/10012868504