We investigate the empirical linkages between sales uncertainty and firms’ inventory investment behavior while … higher sales uncertainty leads to larger stocks of inventories. We also identify an indirect effect of sales uncertainty on … the adverse effects of uncertainty. …

We investigate the empirical linkages between sales uncertainty and firms' inventory investment behavior while … higher sales uncertainty leads to larger stocks of inventories. We also identify an indirect effect of sales uncertainty on … the adverse effects of uncertainty. …

and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …-concentration trade-of concept. Additionally firms have the possibility to postpone their investment decision which gives them the … investment decision although positive returns can be achieved. For specific risk values the model predicts, in the presence of a …

Numerous studies have tried to provide a better understanding of firm-level investment behaviour using econometric … approach, focuses on irreversibility and uncertainty in perfect capital markets; of particular interest is the range of …

The objective of this paper is to combine a real options framework with portfolio optimization techniques and to apply … adoption decision of particular technologies under uncertainty. These technologies are coal-fired power plants, biomassfired … optimization, where the measure of risk is the Conditional Value-at-Risk (CVaR). …

and centers the impact of uncertainty. The results of a panel study using aggregates of 5379 German entries to 22 … countries suggest that uncertainty has a U-shaped influence on the probability of entry and a negative effect on the amount of …

and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …-concentration trade-of concept. Additionally firms have the possibility to postpone their investment decision which gives them the … investment decision although positive returns can be achieved. For specific risk values the model predicts, in the presence of a …

We investigate the effect of uncertainty on investment. We employ a unique dataset of 25000 Greek firms' balance sheets … uncertainty. The investment performance of 14 sectors is examined within a dynamic investment model. Robust GMM estimates of the … investment rate model reveal a high degree of heterogeneity among these sectors. Overall uncertainty affects negatively …