We present simple a model adequate for investment decisions in duopolies under total hidden competition. In this …

This paper considers investment decisions within an uncertain dynamic and competitive framework. Each investment … theory where the capacity level is given. We consider a monopoly setting as well as a duopoly setting. Our main results are …

Some investment decisions are exposed to uncertainty over their implementation phase apart from the underlying economic … earlier investment if the probability of uncertainty resolution exceeds the opportunity cost of delaying investment …. Investment will be earlier, the higher the effect of uncertainty resolution on project profitability …

probability of disaster leads to a collapse of investment and a recession, an increase in risk spreads, and a decrease in the … of business cycle dynamics, especially sharp downturns in investment and output such as 2008-IV …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …

In this paper we study "investment tournaments," a class of decision problems that involve gradual allocation of … investment among several alternatives whose values are subject to exogenous shocks. The decision-maker's payoff is determined by … an early stage of the tournament in a bid to capture a larger share of employer's investment, such as mentoring …

This paper examines the effects of firm-level common ownership on the level and efficiency of investment when firms … a deadweight loss for the economy through decreased investment. Proponents of common ownership suggest that it allows … firms to increase investment due to a reduced threat of involuntary knowledge spillover to rivals. This study contributes to …

optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels, bioelectricity and …

without any predetermined investment horizon. The investment criteria is formulated as a robust forward performance process …-form formulas for the optimal investment strategies are given in the special settings of the CRRA preference …