growth, this paper examines Vietnamese coffee growers’ investment decisions using real options theory. The study finds that …

``waiting to invest'' when valuing an investment. This is followed by a short description of other options that could be … embedded in an investment opportunity. In order to stress the importance of the real option mind-set in strategic planning and …

In this paper we investigate how demand and output price uncertainty affect investment plans of Belgian manufacturing … survey and investment plans from the half-yearly investment survey. Using investment plans instead of realised investment … features of the decision formation process and, therefore, it is most closely related to economic theory. Business investment …

and improved water quality. Policy objectives may include incentives for investment in efficient irrigation technologies …. However, the presence of large, sunk investment and the uncertainty of future returns will have an impact on the efficiency of … Murrumbidgee Irrigation Area is used to quantify the effect of sunk investment cost and uncertainty of future returns on the …

In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used … general one and has the advantage of providing closed form solutions for both short-run investment rule and long-run rate of … demand function with additive shocks. Under this assumption, analytical solutions, for both short-run investment rule and …