The Distributional Efficiency of Alternative Regulatory Regimes: A Real Option Approach

被引：0
作者：
Paolo Panteghini
Carlo Scarpa
机构：
[1] Università di Brescia,Dipartimento di Scienze Economiche
[2] Via S. Faustino,undefined
来源：
International Tax and Public Finance | 2003年 / 10卷
关键词：
regulation; investment; profit sharing; real options; −;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper studies the effects of regulatory constraints on firm's irreversible investment decisions. The RPI−x rule is compared to a profit sharing rule, which increases the x factor in case profits go beyond a given level.
引用
收藏
页码：403 / 418
页数：15
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