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The Value of Waiting in Lawmaking

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Author Info

  • Francesco Parisi

    ()

  • Vincy Fon

    ()

  • Nita Ghei

    ()

Abstract

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File URL: http://hdl.handle.net/10.1023/B:EJLE.0000045078.39957.4d
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Bibliographic Info

Article provided by Springer in its journal European Journal of Law and Economics.

Volume (Year): 18 (2004)
Issue (Month): 2 (September)
Pages: 131-148

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Handle: RePEc:kap:ejlwec:v:18:y:2004:i:2:p:131-148

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Web page: http://www.springerlink.com/link.asp?id=100264

Related research

Keywords: legislation; regulation; optimal timing; legal innovation;

References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Farzin, Y.H. & Huisman, K.J.M. & Kort, P.M., 1998. "Optimal timing of technology adoption," Open Access publications from Tilburg University urn:nbn:nl:ui:12-74049, Tilburg University.
  2. Robert S. Pindyck, 1986. "Irreversible Investment, Capacity Choice, and the Value of the Firm," NBER Working Papers 1980, National Bureau of Economic Research, Inc.
  3. M. L. Weitzman & K. Roberts, 1979. "Funding Criteria for Research, Development and Exploration Projects," Working papers 234, Massachusetts Institute of Technology (MIT), Department of Economics.
  4. Grossman, Gene M & Helpman, Elhanan, 1996. "Electoral Competition and Special Interest Politics," Review of Economic Studies, Wiley Blackwell, vol. 63(2), pages 265-86, April.
  5. Avinash Dixit, 1992. "Investment and Hysteresis," Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 107-132, Winter.
  6. Pindyck, Robert, 1989. "Irreversibility, uncertainty, and investment," Policy Research Working Paper Series 294, The World Bank.
  7. L. Wade, 1988. "Review," Public Choice, Springer, vol. 58(1), pages 99-100, July.
  8. Baird, Douglas G & Morrison, Edward R, 2001. "Bankruptcy Decision Making," Journal of Law, Economics and Organization, Oxford University Press, vol. 17(2), pages 356-72, October.
  9. He, Hua. & Pindyck, Robert S., 1989. "Investments in flexible production capacity," Working papers 2102-89., Massachusetts Institute of Technology (MIT), Sloan School of Management.
  10. Barro, R.J., 1989. "Economic Growth In A Cross Section Of Countries," RCER Working Papers 201, University of Rochester - Center for Economic Research (RCER).
  11. McDonald, Robert & Siegel, Daniel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, MIT Press, vol. 101(4), pages 707-27, November.
  12. Dixit, Avinash K, 1989. "Entry and Exit Decisions under Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 97(3), pages 620-38, June.
  13. McDonald, Robert L & Siegel, Daniel R, 1985. "Investment and the Valuation of Firms When There Is an Option to Shut Down," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(2), pages 331-49, June.
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Citations

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Cited by:
  1. Florian Möslein, 2009. "Legal Innovation in European Contract Law: Within and Beyond the (Draft) Common Frame of Reference," EUI-RSCAS Working Papers 7, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
  2. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  3. Frank Fagan, 2013. "After the sunset: the residual effect of temporary legislation," European Journal of Law and Economics, Springer, vol. 36(1), pages 209-226, August.
  4. Marie Obidzinski & Bruno Deffains, 2006. "Real Options Theory for Law Maker," Working Papers of BETA 2006-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  5. Glenn Boyle & Richard Meade, 2008. "Intra-country regulation of share markets: does one size fit all?," European Journal of Law and Economics, Springer, vol. 25(2), pages 151-165, April.

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