The effect of tax depreciation on the stochastic replacement policy

DOI10.1016/j.ejor.2013.01.050zbMath1317.90139OpenAlexW2137338116MaRDI QIDQ2355820

Dean Paxson, Roger Adkins

Publication date: 28 July 2015

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2013.01.050

zbMATH Keywords

uncertainty modellingquasi-analytical solutiontax depreciationequipment replacementcapital budgeting

Mathematics Subject Classification ID

Convex programming (90C25) Management decision making, including multiple objectives (90B50)

Related Items (4)

An Extended Asset Replacement Model: Impacts of Taxation, Inflation and Technological Advancement on Optimal Asset Duration ⋮ Replacement decisions with multiple stochastic values and depreciation ⋮ Real options in operations research: a review ⋮ Leaving well-worn paths: reversal of the investment-uncertainty relationship and flexible biogas plant operation

Cites Work

• Operational asset replacement strategy: a real options approach
• Optimal replacement policy with stochastic maintenance and operation costs
• Optimal tax depreciation with loss carry-forward and backward options
• Optimal tax depreciation under a progressive tax system.
• Optimal tax depreciation lives and charges under regulatory constraints
• The effect of depreciation allowances on the timing of investment and government tax revenue
• Optimal tax depreciation with uncertain future cash-flows

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