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Cooperative Investment, Uncertainty and Access

Bourreau, Marc; Cambini, Carlo; Hoernig, Steffen - C.E.P.R. Discussion Papers - 2013

obligations and demand uncertainty. Co-investment increases total coverage only if service differentiation and/or cost savings … from joint investment, in particular due to high uncertainty, are high. Mandated access reduces incentives for co …

Persistent link: https://www.econbiz.de/10011084539

Controlling for the effects of information in a public goods discrete choice model

Czajkowski, Mikolaj; Hanley, Nick; LaRiviere, Jacob - Environmental Economics Research Group, Department of … - 2014

This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the...

Persistent link: https://www.econbiz.de/10011084747

Marginal q and Firms' Capital Investments: Evidence from Time Series Data of Japanese Manufacturing Industries

Kozuka, Masafumi - Faculty of Economics, Kobe University - 2014

indicate that the chemical and iron-steel industry, with higher uncertainty and irreversibility, could not adjust their capital … analytical implications by earlier theoretical studies, it is considered that uncertainty and irreversibility restrain their … capital investments, or rms with uncertainty and disposal cost do not invest in equipment because of lower Tobin's q than the …

Persistent link: https://www.econbiz.de/10011085023

Connection Situations under Uncertainty

Moretti, S.; Alparslan-Gok, S.Z.; Brânzei, R.; Tijs, S.H. - Tilburg University, Center for Economic Research - 2008

Persistent link: https://www.econbiz.de/10011090291

Optimal Tax Depreciation Lives and Charges under Regulatory Constraints

De Waegenaere, Anja; Wielhouwer, J.L. - Tilburg University, Center for Economic Research - 2001

Depreciation is not only a representation of the loss in asset-value over time.It is also a strategic tool for management and can be used to minimize tax payments.In this paper we derive the depreciation scheme that minimizes the expected value of the present value of future tax payments for two...

Persistent link: https://www.econbiz.de/10011090373

Equilibrium Asset Pricing with Time-Varying Pessimism

Sbuelz, A.; Trojani, F. - Tilburg University, Center for Economic Research - 2002

Persistent link: https://www.econbiz.de/10011090391

Budget Setting Strategies for the Company's Divisions

Brekelmans, Ruud; De Waegenaere, Anja; Berg, M. - Tilburg University, Center for Economic Research - 1997

The paper deals with the issue of budget setting to the divisions of a company. The approach is quantitative in nature both in the formulation of the requirements for the set-budgets, as related to different general managerial objectives of interest, and in the modelling of the inherent...

Persistent link: https://www.econbiz.de/10011090567

On the Nash Bargaining Solution with Noise

van Damme, Eric; Güth, W.; Ritzberger, K. - Tilburg University, Center for Economic Research - 2002

player takes almost the whole surplus, provided uncertainty is small.If commitments concern only who makes the first offer …

Persistent link: https://www.econbiz.de/10011090638

An Overview of the Design and Analysis of Simulation Experiments for Sensitivity Analysis

Kleijnen, Jack P.C. - Tilburg University, Center for Economic Research - 2004

Sensitivity analysis may serve validation, optimization, and risk analysis of simulation models.This review surveys classic and modern designs for experiments with simulation models.Classic designs were developed for real, non-simulated systems in agriculture, engineering, etc.These designs...

Persistent link: https://www.econbiz.de/10011090819

A Model-Free Definition of Increasing Uncertainty

Grant, S.; Quiggin, J. - Tilburg University, Center for Economic Research - 2001

We present a definition of increasing uncertainty, independent of any notion of subjective probabilities, or of any … particular model of preferences.Our notion of an elementary increase in the uncertainty of any act corresponds to the addition of … dual definition of comparative aversion to uncertainty.We characterize this definition for a popular class of generalized …

Persistent link: https://www.econbiz.de/10011090841