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The Effects of Marketable Pollution Permits on the Firm's Optimal Investment Policies

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  • Kort, P.M.

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  • Kort, P.M., 1992. "The Effects of Marketable Pollution Permits on the Firm's Optimal Investment Policies," Papers 9242, Tilburg - Center for Economic Research.
  • Handle: RePEc:fth:tilbur:9242
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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. Takayama,Akira, 1985. "Mathematical Economics," Cambridge Books, Cambridge University Press, number 9780521314985, April.
    3. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    4. Richard F. Hartl, 1992. "Optimal Acquisition of Pollution Control Equipment Under Uncertainty," Management Science, INFORMS, vol. 38(5), pages 609-622, May.
    5. Kort, P.M., 1992. "Standards versus standards : The effects of different pollution restrictions on the firm's dynamic investment policy," Research Memorandum FEW 550, Tilburg University, School of Economics and Management.
    6. 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. 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.
    2. Anastasios Xepapadeas, 2001. "Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility," NBER Chapters,in: Behavioral and Distributional Effects of Environmental Policy, pages 281-308 National Bureau of Economic Research, Inc.

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    Keywords

    pollution ; environmental policy ; enterprises;

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