In this paper, we conduct a cross-country quantitative analysis of the replacement incentives generated by the EU ETS … installation-specific replacement in-centives across the Member States. Our analysis shows that replacement incentives vary …. Furthermore, the EU ETS allocation rules lead to perverse incentives in approximately 30% of the possible replacement options …

based on an ex-post comparison of replacement demand and replacement investment made from 2006 to 2011. The analysis shows …

We develop a theory of managerial replacement in which a venture capitalist monitors an investee firm run by a manager … manager will be replaced if and only if next period's signal falls below St+1. The probability of manager replacement is lower … return to professional replacement, the cost of investment and the costs of monitoring manager performance. Replacement is …

the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by …

decompression versus conservative management for osteonecrosis of the hip as a way to delay hip replacement; 2. Total knee …

appear to have kept both medical and wage replacement costs of WC in Michigan in line with those in other states. However …