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We develop a model of investment, financing, and cash management decisions in which investment is lumpy and firms face uncertainty regarding their ability to raise funds in the capital markets. We characterize optimal policies explicitly and show that the ...
This paper investigates the effect of the gravity framing system on the overstrength and collapse risk of steel frame buildings with perimeter special moment frames (SMFs) designed in North America. A nonlinear analytical model that simulates the pinched h ...
The internal rate of return (IRR) is generally considered inferior to the net present value (NPV) as a tool for evaluating and ranking projects, despite its inherently useful comparability to the cost of capital and the return of other investment opportuni ...
We present a new code assistance tool for integrated development environments. Our system accepts free-form queries allowing a mixture of English and Java as an input, and produces Java code fragments that take the query into account and respect syntax, ty ...
By offering new empirical evidence on Indian skilled migration, this volume attempts to fill two gaps in the literature. Firstly, it contributes to a better understanding of the activities of Indian skilled professionals and students in continental Europe. ...
Although rock instabilities constitute a threat to human lives and settlements all over the world, methodologies for assessing and zoning rockfall hazards for urban development planning are far from being standardised. After presentation of the general bac ...
The internal rate of return (IRR) is generally considered inferior to the net present value (NPV) as a tool for evaluating and ranking projects, despite its inherently useful comparability to the cost of capital and the return of other investment opportuni ...
A probabilistic approach is necessary to estimate the magnitude of the braking force that compares in terms of return period with the vertical traffic loads present in bridge design codes. A data set from a Danish Field Operational Test served as support t ...
We propose a model of a firm's reversible investment decision with macroeconomic conditions based on optimal switching of a diffusion regime. The switching costs and the cash flow generated from the firm depend on a business cycle alternating via a Markov ...
We consider the capacity planning of telecommunications networks with linear investment costs and uncertain future traffic demands. Transmission capacities must be large enough to meet, with a high quality of service (QoS), the range of possible demands, a ...