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sensitive

Overview page. Subjects: Medicine and Health.

adj. possessing the ability to respond to a stimulus. The cells of the retina, for example, are sensitive to the stimulus of light and respond by sending nerve impulses to the...

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Asset fixity under state-contingent production uncertainty

Sansi Yang and C Richard Shumway.

in European Review of Agricultural Economics

December 2018; p ublished online July 2018 .

Journal Article. Subjects: Production and Organizations; Agricultural Economics. 11963 words.

Abstract

Asset fixity of inputs is tested under state-contingent production uncertainty. We construct a general dynamic dual model for U.S. agriculture that...

Corporate Investment and Stock Market Listing: A Puzzle?

John Asker, Joan Farre-Mensa and Alexander Ljungqvist.

in The Review of Financial Studies

February 2015; p ublished online October 2014 .

Journal Article. Subjects: Production and Organizations; Intertemporal Choice and Growth; Corporate Governance; Mergers and Acquisitions. 21895 words.

We investigate whether short-termism distorts the investment decisions of stock market-listed firms. To do so, we compare the investment behavior of observably similar public and private...