Previous studies have presented a model to determine the profitability of delaying a project for a period. In the model it is implicitly assumed that no change affects the project during the period in question. This assumption is opposed to those usually made in dynamic models. Analysing the...

Las anomalías que surgen en el cálculo y la interpretación del Valor Actual Neto (VAN) y la Tasa Interna de Rendimiento son fácilmente superables, teniendo en cuenta las propiedades reales del VAN y redefiniendo adecuadamente lo que es una inversión y un crédito

Emissions distribution is a focus variable for the design of future international agreements to tackle global warming. This paper specifically analyses the future path of emissions distribution and its determinants in different scenarios. Whereas our analysis is driven by tools which are...