The effect of mean reversion on investment under uncertainty

By S. Sarkar. 2003

124 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

The Worst Case for Real Options (2010, background): “As argued in [13] and [14], this seems to be more realistic in today’s knowledge economy with its fast-changing technology environment.”
Switching to Perennial Energy Crops Under Uncertainty and Costly Reversibility (2011, background): “As argued by Sarkar (2003), high uncertainties do not automatically translate into fewer conversions: although conversion is undertaken only with “more extreme” returns with the higher boundaries, higher uncertainty levels also mean that “extreme returns” occur more frequently.”
Dynamic Models and Structural Estimation in Corporate Finance (2012, background): “…of mergers and acquisitions in oligopolistic industries (Hackbarth and Miao 2012), asymmetric taxation and capital gains (Morellec and Schürho↵ 2010), the impact of uncertainty 12 on the probability of investment (Sarkar 2000), and the role of systemic risk and cost uncertainty (Sarkar 2003).”