Showing 116,291 - 116,300 of 117,607
Several recent studies have shown that uncertainty affects investment decisions. Specifically, demand and/or price … uncertainty are found to depress corporate investment in e.g. the United States. This paper investigates whether similar results … constraints. Uncertainty of demand, output prices and investment prices are measured by the standard deviation of (pre …
Persistent link: https://www.econbiz.de/10008557253
Persistent link: https://www.econbiz.de/10008643390
We propose a novel approach to estimate household income uncertainty at various future horizons and characterize how … the estimated uncertainty evolves over the life cycle. We measure income uncertainty as the variance of linear forecast …
Persistent link: https://www.econbiz.de/10008643762
-neutral or risk-averse behaviour. Key theoretical results are that because of emissions uncertainty, there is no simple Weitzman … (1974) rule for choosing between 'prices' (a tax) to 'quantities' (ET); under ET, marginal abatement cost uncertainty is a … abatement. We apply our theory to global greenhouse gas abatement in 2020, using an 18-region numerical simulation model with …
Persistent link: https://www.econbiz.de/10005113706
uncertainty about the future that should be at the heart of the design of a suatainable climate policy. To show how important … uncertainty is to the design of the climate policies, we take two alternative plausible assumptions about a single aspect of the … making under uncertainty it is important in comparing regimes to explore how the regimes handle aspects of uncertainty as …
Persistent link: https://www.econbiz.de/10005113708
This paper reviews the limits of the traditional ‘levelised cost’ approach to properly take into account risks and uncertainties when valuing different power generation technologies. We introduce a probabilistic valuation model of investment in three base-load technologies (combined cycle...
Persistent link: https://www.econbiz.de/10005113802
and income uncertainty is developed. The production side of the model takes into account the irreversible and indivisible … increased wealth implies increased consumption. This has implications for empirical estimation. Secondly, increasing uncertainty … income depend crucially on the timing of shocks. And finally, reducing uncertainty does not reduce poverty significantly …
Persistent link: https://www.econbiz.de/10005114072
Purpose Relational uncertainty determines how relationships develop because it enables the building of trust and … commitment. However, relational uncertainty has not been explored in an inter-organisational setting. The purpose of this paper … is to investigate how organisations experience relational uncertainty in service dyads and how they resolve it through …
Persistent link: https://www.econbiz.de/10014792022
strategies when a specific source of uncertainty is encountered in a supply chain.  …
Persistent link: https://www.econbiz.de/10014793465
stronger emphasis on relationship management as part of business strategy enables managers to manage uncertainty better …. Interestingly, increased information does not decrease the perception of uncertainty, but creates more uncertainty. As logistics is …
Persistent link: https://www.econbiz.de/10014793486