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| Yishay D. Maoz |
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| ''Entry and exit under uncertainty in the presence of drift'' |
| ( 2003, Vol. 4 No.9 ) |
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| ing the results of Kongsted (1996) in the analysis in Dixit (1989) shows that the negative effect of uncertainty on entry and exit is maximal in the absence of drift. |
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| Keywords: |
JEL: D8 - Information, Knowledge, and Uncertainty: General
E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data) |
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| Manuscript Received : Jan 14 2003 | | Manuscript Accepted : Feb 14 2003 |
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