standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of …

This paper explores how changes in macroeconomic uncertainty have affected the decision to reply to the European … Central Bank's Survey of Professional Forecasters (ECB's SPF). The results suggest that higher (lower) aggregate uncertainty … more individual uncertainty seem to have a lower likelihood of replying to the survey. Consequently, measures of …

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 … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …

to stimulate investment in times of low or even zero interest rates and uncertainty. …The interest rate is generally considered as an important driver of macroeconomic investment characterised by a … banks) whether uncertainty over future interest rates at the zero lower bound hampers monetary policy transmission. As an …

decision when the investment starts, combined with an irreversible option to abandon. The design determines the investment … climate changes faster, and increases if uncertainty is higher. For long-lived investments, these effects reverse. This has …

basis of the results of a qualitative sociological research project three essential dimensions of their investment practice …. In a first step, we focus on the experienced investment advisory from the point of view of the advised, to analyse then … the underlying information behavior of their investment decisions. In a final step we look at their tangible decision …

events that are each somewhat unique cause unforeseeable change and Knightian uncertainty in the process driving outcomes …

analogies between M-DM under certainty and scenario-based one-criterion decision making under uncertainty (1-DMU) have not been …