Showing 1 - 10 of 23
technologies according to their impact on the information rent. In a two-type adverse selection model three kinds of investments …
Persistent link: https://www.econbiz.de/10005675255
Ce cahier se propose d'analyser le comportement d'investissement d'une entreprise qui produit en base de l'electricite d'origine nucleaire dans un marche europeen qui s'ouvre a la con currence. Dans ce contexte, l'objectif du papier est de mettre en ´evidence l'importance pour la decision...
Persistent link: https://www.econbiz.de/10005739837
It is frequently asserted that changes in regulatory practice during the 1980s, e.g. the refusal to allow utilities full cost recovery for expensive nuclear power plants, have undermined incentives for investment by electric utilities. We offer the first empirical test of this proposition, by...
Persistent link: https://www.econbiz.de/10005245379
This paper studies optimal investment in different types of electric plants. Neither future fuel prices nor future demand are known. Furthermore, we take into account explicitly the problems of management of the peak load and of the decrease of efficiency of plants used for long periods. A two...
Persistent link: https://www.econbiz.de/10005207721
Persistent link: https://www.econbiz.de/10005545582
based on Chari and Jagannathan (1988), this paper models information-induced and "pure-panic"runs in an environment of …
Persistent link: https://www.econbiz.de/10005669260
Research Institute of Industrial Economics (IUI). The database covers information about the Swedish parts and the producing …
Persistent link: https://www.econbiz.de/10005780385
Persistent link: https://www.econbiz.de/10005625815
We examine how financial analysts and equity investors incorporate information on deferred taxes from carryforwards … into earnings forecasts and share prices, respectively. We focus on carryforwards because in providing this information … each period, management must use their private information about the firm's profitability prospects. Thus, accounting …
Persistent link: https://www.econbiz.de/10005630974
of full and incomplete information about investors' needs are studied. …
Persistent link: https://www.econbiz.de/10005634089