منابع مشابه
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We investigate the extent to which it is possible to evaluate the probability of a particular candidate winning an election, given imperfect information about the preferences of the electorate. We assume that for each voter, we have a probability distribution over a set of preference orderings. Thus, for each voter, we have a number of possible preference orderings – we do not know which of the...
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Intangible capital has arguably become an important component of corporate value. However, it is still an open question whether uncertainty associated with investment in intangible capital is higher or lower than physical capital. We estimate the value of intangible capital in a dynamic stochastic general equilibrium model that features capital adjustment costs, investment-speci c technological...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2154653