Taxation and Investment Decisions: A Real Options Approach
β Scribed by Elettra Agliardi
- Book ID
- 108521892
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 190 KB
- Volume
- 40
- Category
- Article
- ISSN
- 0004-900X
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π SIMILAR VOLUMES
## Abstract Real options analysis is a promising approach to model investment under uncertainty. We employ this approach to value stockpiling of antiviral drugs as a precautionary measure against a possible influenza pandemic. Modifications of the real options approach to include risk attitude and
This study focuses on how to assess the optimal environmental investment decisions under economic and ecological uncertainty, and establishes the continuous time model using the real option approach to optimize environmental pollution policy. Unlike traditional cost benefit analysis, this work exten