The No Loss Offset Provision and the Attitude Towards Risk of a Risk-Neutral Firm
Louis Eeckhoudt,
Christian Gollier () and
Harris Schlesinger
Working Papers from Toulouse - GREMAQ
Abstract:
In this paper, we show how a differentiated tax treatment of corporate losses and corporate profits induces the firm to behave in a very specific risk-averse manner.
Keywords: ECONOMETRICS; RISK; TAXES (search for similar items in EconPapers)
JEL-codes: C10 C19 D80 D81 H25 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1996
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Journal Article: The no-loss offset provision and the attitude towards risk of a risk-neutral firm (1997) 
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Persistent link: https://EconPapers.repec.org/RePEc:fth:gremaq:96.409
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