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The notion of entropy in an economic analysis : the classical examples and new perspectives
Vozna, Liudmyla Yu. - In: Journal of heterodox economics : JHE 3 (2016) 1, pp. 1-16
Persistent link: https://www.econbiz.de/10011917356
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Climate change and the irreversibility effect: combining expected utility and MaxiMin
Lange, Andreas - 2002
, considering prospective learning increases today?s abatement effort, i.e. the ?irreversibility effect? holds, if the weight on EU … is small. This contrasts standard results on the irreversibility effect for EU which translates to small weights on … MaxiMin. There is, however, the possibility of a negative value of learning. It is shown that the irreversibility effect holds …
Persistent link: https://www.econbiz.de/10010298092
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Ex-ante regulation and ex-post liability under uncertainty and irreversibility: governing the coexistence of GM crops
Beckmann, Volker; Soregaroli, Claudio; Wesseler, Justus - 2009
standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of …
Persistent link: https://www.econbiz.de/10010299491
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Ex-ante regulation and ex-post liability under uncertainty and irreversibility: governing the coexistence of GM crops
Beckmann, Volker; Soregaroli, Claudio; Wesseler, Justus - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-9, pp. 1-33
standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of …
Persistent link: https://www.econbiz.de/10010299956
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Investment effects of wealth taxes under uncertainty and irreversibility
Niemann, Rainer; Sureth-Sloane, Caren - 2015
taxes on investment timing under uncertainty and irreversibility and the propensity to carry out risky projects. Using a …
Persistent link: https://www.econbiz.de/10011345575
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Investment Effects of Wealth Taxes under Uncertainty and Irreversibility
Niemann, Rainer; Sureth-Sloane, Caren - 2015
taxes on investment timing under uncertainty and irreversibility and the propensity to carry out risky projects. Using a …
Persistent link: https://www.econbiz.de/10011388282
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Technology Transfers for Climate Change
Elsayyad, May; Morath, Florian - 2013
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...
Persistent link: https://www.econbiz.de/10010328780
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Exchange rate uncertainty and firm investment plans: Evidence from Swiss survey data
Binding, Garret; Dibiasi, Andreas - 2016
A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future prices in foreign markets. We believe that this hampers...
Persistent link: https://www.econbiz.de/10011582405
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The effect of policy uncertainty on investment plans: Evidence from the unexpected acceptance of a far-reaching referendum in Switzerland
Abberger, Klaus; Dibiasi, Andreas; Siegenthaler, Michael; … - 2016
Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by examining the effects of an unexpectedly accepted and farreaching referendum in Switzerland in February 2014. The vote has put several economically relevant agreements between...
Persistent link: https://www.econbiz.de/10011582410
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Investment Reluctance: Irreversibility or Imperfect Capital Markets? Evidence from German Farm Panel Data
Huettel, Silke; Musshoff, Oliver; Odening, Martin - 2007
options theory asserts that the interaction of irreversibility, uncertainty and flexibility may also result in investment …
Persistent link: https://www.econbiz.de/10009444950