of environmental innovation on firm-level investment efficiency. Using fixed-effect regressions, our results indicate … that eco-innovation has a significant and positive impact on firm-level investment efficiency. We show that eco …-innovation raises investment efficiency and reducing information asymmetry enhances this effect. In addition, we show that the impact of …

We build a Real Options model to assess the importance of private provision and the impact of expropriation risk on … investment timing, investment volumes, governmental costs and social welfare. We consider two types of businesses (essential and … non essential businesses) and two stages (operating and investment opportunities), and answer questions regarding three …