levels of uncertainty. The study recommends that to create a good economic climate, to attract investment and boost … businesses use information around them to form judgements about what might happen in the future. The rise in uncertainty might be … measure macroeconomic uncertainty in Zimbabwe, using stock market indices - industrial index and mining index - for the period …

investment. The model shows that increasing uncertainty will reduce the time horizon as well as investment. Moreover, the …-worst strategy in a discounted payback period framework is applied to examine the effect of uncertainty on the time horizon and …

emphasized the importance of uncertainty in determining the private rate of investment. As different theories give various … results with respect to their assumptions, a new theory of investment under uncertainty is explained in this study. Intuition … on the private investment rate. Among the macroeconomic factors, uncertainty relating to exchange rate distortion, terms …

Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …

This paper investigates the effects of uncertainty emanating from technological im-provements on the optimal lifetime … technological change. From the analysis it turns out that in general this type of uncertainty shortens the optimal lifetime of … assets. More specifically, the analysis shows that: replacement under uncertainty leads to optimal lifetimes of assets that …

uncertainty principle. Problems, which can be solved, research fields, which can be augmented or created, and fields of …

rationed in the future. We will show that with these expectations, the optimal investment policy is to invest less in any given …

A typical model of investment under uncertainty where firms incur an irreversible cost in order to produce is studied …

Pennings (2000) has shown that the government can speed-up investment by subsidizing the potential investing firm …'s entry cost while taxing the future proceeds from the investment, so as to render the net expected value of its subsidy … program zero. This note argues that while speeding-up the investment timing, this subsidy-tax program also lowers the value of …