The Control of environmental pollution and optimal investment and employment decisions: A COmment
β Scribed by R. F. Hartl
- Publisher
- John Wiley and Sons
- Year
- 2007
- Tongue
- English
- Weight
- 144 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0143-2087
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This contribution belongs to a category of papers that attempts to determine the effects of environmental regulation on the growth of an individual firm. It extends the existing literature in at least two ways. First, our pollution function explicitly deals with the fact that it is more difficult to
## Abstract This paper proposes a novel method based on real options theory for economic evaluation of the replacement of an old coalβfired thermal power plant (COAL) with a coalβfired thermal power plant that includes a CCS (carbon dioxide capture and storage) unit. We calculate the real option va