game theory of the firm. A theoretical case for picking winners through a preferential innovative policy is discussed in a …

atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human … ability types take up more education.A subsidy to education will then favor these types. Wediscuss the condition for the net … education subsidy. We consider somemore elaborate schemes for education subsidies. …

they yield, and their purchase price increases with the per-period benefits provided. We introduce a subsidy on the more … expensive technologies (that also yield the larger per-period benefits), and find that the subsidy scheme induces agents to … search for and adopt these more expensive technologies even though the subsidy itself is too small to render these …

greenhouse gases within a politically imposed timeconstraint. Investment subsidies can be an important instrument to stimulate …

investment in firm-specific cost reduction. They earn negative net profit in early periods, compensated later by strictlypositive …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outco! mes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

investment in a public capital stock, and the inter-temporal consumption of a reproductive asset. …