their risk aversion parameter invest less in risky assets than wealthy investors with identical risk aversion uncertainty. …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes …

This paper analyses the effect of uncertainty on investment spending. We analyse twotypes of investment, i.e. aggregate … investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch … general investment spending. Furthermore, expectationsand uncertainty have important although different effects on investment …

Classic real options theory rests on two debatable assumptions: projects require a fixed investment and generate cash … timing of investment. We model investment using a Stone-Geary production function (Leontief and Cobb-Douglas are special … intuitive; the moment of investment involves a trade-off between the level of the cash flow and its growth. For Cobb-Douglas, in …

countries. An overall evaluation requires that attention is given to the perception and endogeneity of uncertainty …, irreversibility, the availability of alternatives, and a comparison with other complex issues. Some implications for an effective …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …

investment task. Moreover,emotions were explicitly measured, including anticipatory emotions experienced during the waitingperiod … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …

’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors … performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …