Investment under uncertainty: the nature of demand shocks and the expected profitability of capital

DOI10.1016/J.ECONLET.2011.10.010zbMath1242.91102OpenAlexW2050056128MaRDI QIDQ435777

Pedro Mazeda Gil

Publication date: 12 July 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.10.010

zbMATH Keywords

Jensen's inequalitydemand uncertaintyexpected profitability of capital

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Cites Work

• Irreversible investment with regime shifts
• Uncertainty and Investment Dynamics

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