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~institution:"CESifo"
~institution:"Department of Economics and Related Studies, University of York"
~subject:"capital budgeting"
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Department of Economics and Related Studies, University of York
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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The Impact of Tax Uncertainty on Irreversible Investment
Niemann, Rainer
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CESifo
-
2007
real
options
model. The investor holds an option to invest in an irreversible project with stochastic cash flows. To cover …
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