In recent years, car-sharing systems have been announced as a way to increase mobility and to decrease the number of single-occupant vehicles, congestion, and air pollution in many parts of the world. This study presents a linear programming model to optimize one-way car-sharing systems for electric cars considering the depreciation costs of chargers and vehicles as well as relocation cost of v...

A replacement model is presented for a productive asset subject to stochastic input decay, tax allowances due to a deterministic depreciation variable, and a fixed investment cost. The risk neutral valuation function is formulated and optimal trigger levels signalling replacement for the two factors is determined analytically although not as a closed-form solution. We demonstrate that the opera...

This paper assesses the day of the week effect of the daily depreciation of the Turkish lira (TL) against the US dollar (USD) and its volatility. The empirical evidence from Turkey presented here suggests that Thursdays are associated with higher and Mondays with lower depreciation rates compared to those of Wednesdays. Moreover, Mondays and Tuesdays are associated with higher volatility than W...

How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications This paper analyzes the reaction of exporters to exchange rate changes. We present a model where, in the presence of distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high productivity firms optimally raise their markup rathe...

Over the past decade, the United States has offered investment incentives in the form of larger depreciation savings, namely, bonus depreciation. The neoclassical investment model implies that investment responds to changes in depreciation savings, but there have been few direct attempts to investigate this implication. This paper examines investment patterns surrounding the 1999 shortening of ...

This work analyses the market value of second hand agricultural tractors in Spain for the period 1999-2002, with the aims of obtaining the most appropriate valuation models (through the use of ordinary least squares regression) and proposing an empirical model that estimates the true depreciation of these vehicles. Differences in tractor depreciation were studied in terms of the three horsepowe...

The decision of whether to manufacture products within the US, manufacture internationally or to outsource production depends critically upon a thorough understanding of the costs and benefits of each option. In this paper, we contribute to such an understanding by considering the impact of US tax depreciation rules, which differ depending upon whether a US corporation locates its assets at dom...