Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility

Anastasios Xepapadeas, Behavioral and Distributional Effects of Environmental Policy (University of Chicago Press, 2001), chap. 9, https://www.nber.org/books-and-chapters/behavioral-and-distributional-effects-environmental-policy/environmental-policy-and-firm-behavior-abatement-investment-and-location-decisions-under-uncertainty.