scholarly journals Asymmetric Taxation of Profits and Losses and its Influence on Investment Timing: Paradoxical Effects of Tax Increases

Author(s):  
Annika Mehrmann ◽  
Georg Thomas Schneider ◽  
Caren Sureth
2014 ◽  
Author(s):  
Sarah Dayle Herrmann ◽  
Jessica Bodford ◽  
Robert Adelman ◽  
Oliver Graudejus ◽  
Morris Okun ◽  
...  

2019 ◽  
pp. 1-8 ◽  
Author(s):  
Maciej A. Górecki

Abstract In a recent article published in Politics & Gender, Michael Jankowski and Kamil Marcinkiewicz (2019) study the effects of gender quotas on the electoral performance of female candidates in open-list proportional representation (OLPR) systems. On the empirical side, their study is a critical reanalysis of the Polish case, in particular the regularities demonstrated in a 2014 study that I coauthored. We argued there that at the micro level (candidate level), the effects of quotas were somewhat “paradoxical”: following the installation of quotas, women candidates tend to perform worse relative to their male counterparts than they did during the pre-quota period. Jankowski and Marcinkiewicz claim to demonstrate that those “paradoxical” effects are minor and thus practically negligible. In this note, I argue that their conclusion is largely a result of the particular methodological choices made by these authors. These choices seem unobvious, debatable, and potentially controversial. The note concludes that we need more reflection and debate on the methodological aspects of analyzing candidates’ electoral success in complex electoral systems, such as multidistrict OLPR. This would greatly facilitate future efforts aimed at an unequivocal examination of the contentious concepts such as the notion of “paradox of gender quotas.”


2010 ◽  
Vol 27 (02) ◽  
pp. 271-286 ◽  
Author(s):  
RYUTA TAKASHIMA ◽  
MAKOTO GOTO ◽  
MOTOH TSUJIMURA

We consider an optimal investment problem when a firm such as an electric power company has the operational flexibility to expand and contract capacity with fixed cost. This problem is formulated as an impulse control problem combined with optimal stopping. Consequently, we obtain optimal investment timing, optimal capacity expansion and contraction timing, and the investment value. We also show investment, capacity expansion and contraction rule are influenced by the price volatility and the initial capacity is also influenced by the ratio between base-load plant and peak-load plant. In addition, we investigate how time lag between investment and operation influences the investment rule.


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