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Keywords: diversified portfolio
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Journal Articles
Valuing Tradable Private Rights to Pollute the Public's Air
Available to Purchase
Journal:
Review of Accounting and Finance
Review of Accounting and Finance (2005) 4 (1): 50–71.
Published: 01 January 2005
...Richard F. Kosobud; Houston H. Stokes; Carol D. Tallarico; Brian L. Scott This study develops the economic rationale for the inclusion of new environmental financial assets, tradable pollution rights, in a well‐diversified portfolio. These new assets are generated and their valuation determined...
