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This paper connects two branches of economics in a study of the price formation of industrial commodities. The first branch is the theory of irreversible investment under uncertainty, the second the theory of competitive speculation in stocks. A model which combines these two elements is...
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This study investigates the effects of product market competition on corporate investment and firm value and moderating … competition improves corporate investment but decreases the firm value in BRICS countries. We also found that the economic policy … uncertainty significantly moderates the impact of product market competition on corporate investment and firm value …
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