Home Itens selecionados Provedores de dados OAI Créditos Sobre Ajuda

			Busca avançada
	Provedor de dados AgEcon (4) Autor Betz, Regina (1) Hadrich, Joleen C. (1) Jouvet, Pierre-Andre (1) Kropp, Jaclyn D. (1) Le Cadre, Elodie (1) Orset, Caroline (1) Power, Gabriel J. (1) Restiani, Phillia (1) Wolf, Christopher A. (1) Mais... Palavra-chave Irreversible investment (4) D81 (2) Environmental Economics and Policy (2) Uncertainty (2) Abatement (1) Agribusiness (1) Agricultural Finance (1) Agricultural and Food Policy (1) Air emissions (1) Ambiguity (1) Auction (1) Bioenergy (1) Compliance (1) D21 (1) D92 (1) Emissions trading (1) Environmental regulations (1) Experiment (1) Financial Economics (1) Investment demand (1) Mais... Tipo do documento Conference Paper or Presentation (2) Report (1) Working or Discussion Paper (1) Ano 2011 (1) 2010 (2) 2009 (1) País United States (4) Idioma Inglês (4)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 4 Primeira ... 1 ... Última Estimation of a Backward-Bending Investment Demand Function for Agribusiness Firms AgEcon Kropp, Jaclyn D.; Power, Gabriel J.. We investigate irreversible investment behavior under uncertainty of payoffs using U.S. firm-level panel data. We estimate the relationship between the firm’s investment to capital ratio and the interest rate, while controlling for investment opportunities, real option values, uncertainty and profitability. The results indicate the investment demand curve is a backward-bending function of the interest rate; at low interest rates, an increase in the interest rate leads to increased investment by increasing the cost of postponing investment. Firm investment behavior is also consistent with real options behavior. The investment behavior of agribusiness firms is significantly different from firms in other sectors. Tipo: Conference Paper or Presentation Palavras-chave: Investment demand; Irreversible investment; Real options; Agribusiness; Agricultural Finance; Financial Economics; D81; D92; Q13. Ano: 2010 URL: http://purl.umn.edu/61293 Implications of the Air Compliance Agreement for Livestock Producers AgEcon Hadrich, Joleen C.; Wolf, Christopher A.. Nutrient management and air emissions continue to be an area of increased management control on all livestock operations as environmental regulations become more stringent. Agricultural producers must consider uncertainty surrounding the timing of and potential increases of environmental policy controls, such as emission taxes, when making future investment decisions. An optimal control theory framework was applied to a dairy farm facing an uncertain increase in emission taxes and an unknown date at which emission taxes will take effect. The optimal investment path considering these uncertainties was solved implicitly and compared to a full certainty case. Tipo: Conference Paper or Presentation Palavras-chave: Air emissions; Environmental regulations; Irreversible investment; Uncertainty; Environmental Economics and Policy; Livestock Production/Industries. Ano: 2009 URL: http://purl.umn.edu/49316 Irreversible Investment, Uncertainty and Ambiguity: The Case of the Bioenergy Sector AgEcon Jouvet, Pierre-Andre; Le Cadre, Elodie; Orset, Caroline. We analyse the decision of an agent to invest and engage in industrial activities that are characterized by two forms of uncertainty: market size uncertainty and competitive effect uncertainty. We apply our model on the bioenergy industries. We compare the case of an ambiguity neutral agent with that of an ambiguity adverse agent. We show that the investment decision of an agent depends on the effects of both the capital investment and the level of production on the cost and the uncertainty the agent is confronted with. Moreover, we find that ambiguity aversion tends to decrease the agent's optimal levels of production and investment. Our numerical analysis of the French case illustrates the different effects associated with market size uncertainty and... Tipo: Working or Discussion Paper Palavras-chave: Ambiguity; Bioenergy; Irreversible investment; Uncertainty; Agricultural and Food Policy; D21; D81; Q42; Q23. Ano: 2011 URL: http://purl.umn.edu/115437 The Effects of Penalty Design on Market Performance: Experimental Evidence from an Emissions Trading Scheme with Auctioned Permits AgEcon Restiani, Phillia; Betz, Regina. This paper investigates the behavioural implications of penalty designs on market performance using an experimental method. Three penalty types and two penalty levels are enforced in a laboratory permit market with auctioning, including the Australian Carbon Pollution Reduction Scheme proposed design of tying the penalty rate to the auction price. Compliance strategies are limited to undertaking irreversible abatement investment decisions or buying permits. We aim to assess how penalty design under the presence of subjects‟ risk preferences might affect compliance incentives, permit price discovery, and efficiency. In contrast to theory, we find that penalty levels serve as a focal point that indicates compliance costs and affects compliance strategies.... Tipo: Report Palavras-chave: Emissions trading; Penalty design; Experiment; Auction; Irreversible investment; Abatement; Compliance; Environmental Economics and Policy; Resource /Energy Economics and Policy. Ano: 2010 URL: http://purl.umn.edu/107586 Registros recuperados: 4 Primeira ... 1 ... Última

Empresa Brasileira de Pesquisa Agropecuária - Embrapa Todos os direitos reservados, conforme Lei n° 9.610 Política de Privacidade Área restrita		Embrapa Parque Estação Biológica - PqEB s/n° Brasília, DF - Brasil - CEP 70770-901 Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC: https://www.embrapa.br/fale-conosco