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Optimal investment policies for a polluting firm in an uncertain environment

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  • Kort, Peter M.

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  • Kort, Peter M., 1995. "Optimal investment policies for a polluting firm in an uncertain environment," European Journal of Operational Research, Elsevier, vol. 85(1), pages 82-96, August.
    • Handle: RePEc:eee:ejores:v:85:y:1995:i:1:p:82-96
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    References listed on IDEAS

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    1. Buchanan, James M & Tullock, Gordon, 1975. "Polluters' Profits and Political Response: Direct Controls Versus Taxes," American Economic Review, American Economic Association, vol. 65(1), pages 139-147, March.
    2. Kort, Peter M., 1990. "Dynamic firm behavior within an uncertain environment," European Journal of Operational Research, Elsevier, vol. 47(3), pages 371-386, August.
    3. Kort, P.M., 1992. "The Effects of Marketable Pollution Permits on the Firm's Optimal Investment Policies," Papers 9242, Tilburg - Center for Economic Research.
    4. Michel Demers, 1991. "Investment under Uncertainty, Irreversibility and the Arrival of Information Over Time," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 333-350.
    5. Takayama,Akira, 1985. "Mathematical Economics," Cambridge Books, Cambridge University Press, number 9780521314985.
    6. Huntley Schaller & Fanny Demers & Michel Demers, 1993. "Investments Under Uncertainty and Irreversibility," Carleton Economic Papers 93-10, Carleton University, Department of Economics, revised Sep 1990.
    7. William J. Baumol & Wallace E. Oates, 1971. "The Use of Standards and Prices for Protection of the Environment," Palgrave Macmillan Books, in: Peter Bohm & Allen V. Kneese (ed.), The Economics of Environment, pages 53-65, Palgrave Macmillan.
    8. Peter Kort & Paul Loon & Mikulás Luptácik, 1991. "Optimal dynamic environmental policies of a profit maximizing firm," Journal of Economics, Springer, vol. 54(3), pages 195-225, October.
    9. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, January.
    10. Helfand, Gloria E, 1991. "Standards versus Standards: The Effects of Different Pollution Restrictions," American Economic Review, American Economic Association, vol. 81(3), pages 622-634, June.
    11. Pindyck, Robert S, 1988. "Irreversible Investment, Capacity Choice, and the Value of the Firm," American Economic Review, American Economic Association, vol. 78(5), pages 969-985, December.
    12. Wirl, Franz, 1991. "Evaluation of management strategies under environmental constraints," European Journal of Operational Research, Elsevier, vol. 55(2), pages 191-200, November.
    13. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
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    Cited by:

    1. Hongmin Zhang & Jinghua Zhang, 2023. "Pollution Transfer under Intergovernmental Competition: Suppression or Opportunity," Sustainability, MDPI, vol. 15(21), pages 1-18, October.
    2. Andreas Welling, 2017. "Green Finance: Recent developments, characteristics and important actors," FEMM Working Papers 170002, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.

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