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Green technological progress bears a strong potential to alleviate climate change, but its utilization is contingent on factors which are by nature impossible to anticipate or predict. Developing stochastic optimisation models, we explore how the decision to invest in research and development...
Persistent link: https://www.econbiz.de/10009466981
investment behavior which is consistent with theory. However, an income tax with a limited or unlimited loss offset provision …
Persistent link: https://www.econbiz.de/10009478158
Persistent link: https://www.econbiz.de/10009452581
Successful cap and trade programs for SO2 and NOx in the US allocate allowances to large emitters based on a historic base line for a period of up to thirty years. National Allocation Plans in Europe allocate CO2 allowances in an iterative approach first for a three then for a five-year period....
Persistent link: https://www.econbiz.de/10009442016
offers two explanations for. Firstly, neo-institutional finance theory focuses on the impacts of imperfect capital markets on … options theory asserts that the interaction of irreversibility, uncertainty and flexibility may also result in investment …
Persistent link: https://www.econbiz.de/10009444950
Seit Ende der 70er Jahre wurde mit dem Realoptionsansatz ein Instrument zur Beurteilung der Vorteilhaftigkeit von Investitionen entwickelt, der es - im Gegensatz zum net present value Ansatz - erlaubt, die sich aus einem Investitionsprojekt ergebenden zukünftigen Handlungsmöglichkeiten...
Persistent link: https://www.econbiz.de/10009452584
Der Begriff Realoptionen umfasst jene Investitionsrechnungsverfahren, die Handlungsoptionen mithilfe finanzmathematischer Methoden aus der Optionstheorie quantitativ bewerten. Aus der Sicht von Softwareinvestitionen sind aufgrund der Rahmenbedingungen, Flexibilität spielt hierbei eine wichtige...
Persistent link: https://www.econbiz.de/10009480891
approach: This dissertation is based on two theoretical pillars: The theory of locational competition is well-suited to analyze … Einfluss hat Politik auf die Investitionsentscheidung von MNCs in Transformationsländern, (3) wie erfolgreich war die … Pfeilern: Die Theorie des Standortwettbewerbs ist gut geeignet um sowohl die Perspektive der potenziellen Investoren als auch …
Persistent link: https://www.econbiz.de/10009451178
Innovation is novelty - it involves doing new things in new ways. So new products, new processes, new organizational methods, new services, and so on, are all part of innovation. Technological innovation transforms and improves the technical attributes and performance characteristics of products...
Persistent link: https://www.econbiz.de/10009461386
The representative firm has been a much-criticized concept, subject to conflicting interpretations with respect to both its configuration and its intended role in Marshall's Principles (the Principles).2 The concept found itself a focal point of much of the debate during the significant cost...
Persistent link: https://www.econbiz.de/10009482225