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Time Insensitivity for Protective Investments

Journal of Risk and Uncertainty, 1998
Investments in protective measures involve an initial immediate cost in exchange for a stream of potential benefits accruing over time in the form of reduced expected losses. This paper describes two studies in which individuals were asked both to make choices and indicate the maximum amount they were willing to pay (WTP) for such protective measures ...
Kunreuther, Howard   +2 more
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Protection and Foreign Investment

Economic Record, 1967
Abstract First, the direct and indirect effects of protection on capital inflow are presented. Secondly, the principles for taxing foreign capital are reviewed. Then, tariffs are shown in some cases to be second‐best taxes or subsidies on foreign capital.
openaire   +1 more source

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