Working Papers: Recent submissions

Now showing items 73-75 of 334

    • A markup interpretation of optimal rules for irreversible investment 

      Dixit, Avinash K.; Pindyck, Robert S.; Sødal, Sigbjørn (MIT Center for Energy and Environmental Policy Research, 1997)
      We re-examine the basic investment problem of deciding when to incur a sunk cost to obtain a stochastically fluctuating benefit. The optimal investment rule satisfies a trade-off between a larger versus a later net benefit; ...

    • Greenhouse policy architectures and institutions 

      Schmalensee, Richard (MIT Center for Energy and Environmental Policy Research, 1996)

    • Race, waste and long-run outcomes 

      Bernard, Andrew B. (MIT Center for Energy and Environmental Policy Research, 1996)
      We examine the hypothesis that hazardous waste facilities are disproportionately located in minority neighborhoods. We also ask whether such facilities provide observable economic benefits to the surrounding community. the ...