We investigate how tax loss offset restrictions affect an investor's evaluation of risky investments under bounded … rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and … restrictions significantly bias investor perception, even more heavily than the tax rate. If loss offset restrictions are rather …

We investigate how tax loss offset restrictions affect an investor's evaluation of risky investments under bounded … rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and … restrictions significantly bias investor perception, even more heavily than the tax rate. If loss offset restrictions are rather …

We investigate how tax loss offset restrictions affect an investor’s evaluation of risky investments under bounded … rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and … restrictions significantly bias investor perception, even more heavily than the tax rate. If loss offset restrictions are rather …

tax system with loss offset restrictions will not distort timing decisions if the investor can exit the project. By …

tax system with loss offset restrictions will not distort timing decisions if the investor can exit the project. By …

offset restrictions have been introduced in recent years. I use a newly developed micro simulation model for the German … only a small percentage of losses have been effectively offset. One potential reason for this puzzle is that stricter loss …

puzzle is that stricter loss offset restrictions have been introduced in recent years. I use a newly developed micro …, distributional breakdowns concerning the amounts of tax loss carry-forward and the effects of loss offset restrictions are provided …

puzzle is that stricter loss offset restrictions have been introduced in recent years. I use a newly developed micro …, distributional breakdowns concerning the amounts of tax loss carry-forward and the effects of loss offset restrictions are provided …

offset restrictions have been introduced in recent years. I use a newly developed micro simulation model for the German … only a small percentage of losses have been effectively offset. One potential reason for this puzzle is that stricter loss …