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
相关论文
共 50 条
[41]   Land-use change and solar energy production: a real option approach [J].
Gazheli, Ardjan ;
Di Corato, Luca .
AGRICULTURAL FINANCE REVIEW, 2013, 73 (03) :507-+
[42]   A Socioeconomic Valuation of an Irrigation System Project Based on Real Option Analysis Approach [J].
Anastasios Michailidis ;
Konstadinos Mattas ;
Irene Tzouramani ;
Diamantis Karamouzis .
Water Resources Management, 2009, 23 :1989-2001
[43]   Terminal investment timing decisions in a competitive setting with uncertainty using a real option approach [J].
Zheng, Shiyuan ;
Negenborn, Rudy R. .
MARITIME POLICY & MANAGEMENT, 2017, 44 (03) :392-411
[44]   Real option approach to solar PV investment amid uncertainties and land opportunity costs [J].
Lazo, Joaquin ;
Trujillo-Baute, Elisa ;
Watts, David .
SUSTAINABLE FUTURES, 2025, 10
[45]   Investment decision analysis of shipping desulfurization project based on a fuzzy real option approach [J].
Yu, Fangping ;
Meng, Bin ;
Guo, Jie ;
Fan, Lidong ;
Shi, Wenming .
MARITIME POLICY & MANAGEMENT, 2025, 52 (01) :78-105
[46]   Investment in hospital care technology under different purchasing rules: A real option approach [J].
Levaggi, Rosella ;
Moretto, Michele .
BULLETIN OF ECONOMIC RESEARCH, 2008, 60 (02) :159-181
[47]   R&D competition in alternative technologies: A real options approach [J].
Nishihara, Michi ;
Ohyama, Atsuyuki .
JOURNAL OF THE OPERATIONS RESEARCH SOCIETY OF JAPAN, 2008, 51 (01) :55-80
[48]   Research on the application of real options approach to real estate investment decision and its efficiency comment [J].
Zhang Shoujian ;
Wang Zhiying .
Proceedings of 2006 International Conference on Construction & Real Estate Management, Vols 1 and 2: COLLABORATION AND DEVELOPMENT IN CONSTRUCTION AND REAL ESTATE, 2006, :258-261
[49]   A REAL OPTION APPROACH TO DETERMINE OPTIMAL INTERVENTION WINDOWS FOR MULTI-NATIONAL RAIL CORRIDORS [J].
Lethanh, Nam ;
Adey, Bryan T. .
JOURNAL OF CIVIL ENGINEERING AND MANAGEMENT, 2016, 22 (01) :38-46
[50]   A hybrid fuzzy real option analysis and group ordinal approach for knowledge management strategy assessment [J].
Zandi, Faramak ;
Tavana, Madjid .
KNOWLEDGE MANAGEMENT RESEARCH & PRACTICE, 2010, 8 (03) :216-228