dynamic investment model, in which the upper bound on investment is introduced. The limit of the investment enables to analyse … the consequence of the occurrence of credit rationing on farmer's capital accumulation, investment and supply. The method … to the initial bound on investment, the parameter of the cost function, the price, the level of technology and the …

This paper develops an agent-based real options model, which is capable of analyzing the investment and disinvestment … the model in which the firms can trade permits with each other according to their investment or disinvestment behavior for …

We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the … are found to impair firm-level investment in all firms in our sample, but in particular for small firms and those with no … 20–40% of aggregate investment dynamics. …