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framework, it is possible to implement the first best even if the investment return is highly uncertain. The optimal contract …
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shown that if taxation affects the optimal timing of irreversible investment, then the discrete choice is distorted as well …
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This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …
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This article discusses the effects of corporate tax asymmetries under investment irreversibility. We introduce a tax …
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