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The lack of internationally comparable capital stock data has been a major obstacle to empirical studies of the contribution of the capital stock to economic growth. In this paper, we provide estimations of aggregate capital stocks for 103 countries in 2010. Depending on data availability the...
Persistent link: https://www.econbiz.de/10010292646
this new framework to investments in the electricity sector. In particular, a real options model is used to assess the …
Persistent link: https://www.econbiz.de/10010294022
frictions, both parties in a match are partially locked-in when they bargain over the joint surplus from their sunk investments … case of investments in homogenous capital only the agents on the short side acquire ownership of capital. There is always …
Persistent link: https://www.econbiz.de/10010299160
Abstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the … investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the …, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the …
Persistent link: https://www.econbiz.de/10010299497
According to disposition effect theory, people hold losing investments too long. However, many investors eventually …
Persistent link: https://www.econbiz.de/10010303734
intensifies competition in all regions. We show that the cost-reducing potential of investments dominates the strategic effect …
Persistent link: https://www.econbiz.de/10010304265
effect through investments and income inequality. Indeed, democratic institutions attract investments that hurt environment …
Persistent link: https://www.econbiz.de/10010305640
Die strategische Asset Allokation ist die für den langfristigen Anlageerfolg wichtigste Entscheidung eines Kapitalanlegers. Eine fundierte Entscheidung erfordert einen mehrstufigen, strukturierten Prozess. Der Anleger muss sich mit den realistischen Chancen des Kapitalmarktes und mit seinen...
Persistent link: https://www.econbiz.de/10010305678
We are considering for examination an Irreversible Investment under Uncertainty, subsidized by the government. If the government announces the termination of a form of subsidization, investors may decide to realize their investment in order to obtain the subsidy. These investors might have...
Persistent link: https://www.econbiz.de/10010307962
The evaluation of the efficiency of investments relies on a system of measures based on actuarial techniques that …, based on its theoretical assumptions and practical drawbacks, considering of this measure in evaluation of the investments …
Persistent link: https://www.econbiz.de/10012047663