On the investment-uncertainty relationship in a real options model

By S. Sarkar. 2000

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Investment in Oligopoly under Uncertainty: The Accordion Effect (2009, background): “Grenadier’s main result is that the impact of competition drastically erodes the value of the option to wait and leads to investment process (see Sarkar (2000)). at very near the zero net present value threshold.”
Irreversible Abatement Investment Under Cost Uncertainties: Tradable Emission Permits and Emissions Charges (2003, background): “Then b i increases, but as Sarkar (2000) and Dixit and Pindyck (1994) showed, Prf i(t) > b ig may actually increase in some cases.”
Economic policy uncertainty and firm investment: evidence from the U.S. market (2019, methodology): “Second, a non-linear and U-shaped relation does exist as suggested by a few theoretic models (e.g. Snakar 2000).”
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).”
Economic growth in the 1990s : learning from a decade of reform (2005, background): “These threshold effects of volatility have been found to be empirically relevant for investment (Sarkar 2000;Servén 2003).”