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Pollution Abatement Investment under Financial Frictions and Policy Uncertainty
Fang, Min; Hsu, Po-Hsuan; Tsou, Chi-Yang - 2023
costs are further amplified by policy uncertainty, reducing firms' incentives to prevent pollution. Therefore, the aggregate …
Persistent link: https://www.econbiz.de/10014355864
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Risk and return in environmental economics
Pindyck, Robert S. - 2012
Persistent link: https://www.econbiz.de/10009577709
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Uncertainty, learning, stock externalities and capital irreversibilities
Kolstad, Charles D. - In: Economics of atmospheric pollution : [proceedings of …, (pp. 17-30). 1996
Persistent link: https://www.econbiz.de/10001319397
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Risk and Return in Environmental Economics
Pindyck, Robert S. - 2012
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10013103046
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Risk and Return in Environmental Economics
Pindyck, Robert S. - 2012
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10012460398
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Optimal investment strategies under demand and tax policy uncertainty
Boehm, Hjalmar; Funke, Michael - 2000
In this paper we offer an analysis of the effects of uncertainty about future tax policy on irreversible investment …. The main message of the paper is that investment is not much affected by the degreee of tax policy uncertainty. This is … that reducing tax policy uncertainty is probably no magic bullet to increase private investment spending …
Persistent link: https://www.econbiz.de/10009781588
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Uncertainty, specific investment, and contract duration : evidence from the MLB player market
Lin, Hsuan-Yu; Yang, Chih-Hai - In: Empirical economics : a journal of the Institute for … 50 (2016) 3, pp. 1009-1028
Persistent link: https://www.econbiz.de/10011481340
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Progressive taxation, tax exemption, and irreversible investment under uncertainty
Alvarez, Luis H. R.; Koskela, Erkki - In: Journal of public economic theory 10 (2008) 1, pp. 149-169
Persistent link: https://www.econbiz.de/10003654367
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Specific investment, absence of commitment and observability
González, Patrick - 1999
Persistent link: https://www.econbiz.de/10001415659