Generalized R-Based and S-Based Taxes Under Uncertainty.
|Abstract||This paper considers the relationship between two general neutral business tax structures, which we label the "firm tax" and the "shareholder tax." The well-known R-based and S-based cash flow taxes, analysed by, are special cases of these two taxes. We demonstrate the neutrality of both taxes in the presence of uncertainty, and characterise the tax rules required in the event of default and wind-up. Our analysis provides the first proof of the n ... [truncated at 450 characters in length]|
|Creator||Stephen R. Bond; Michael P. Devereux;|
The selection of Saffman-Taylor fingers by kinetic undercooling
|Abstract||The selection of Saffman-Taylor fingers by surface tension has been widely studied. Here their selection is analysed by another regularisation widely adopted in studying otherwise ill-posed Stefan problems, namely kinetic undercooling. An asymptotic-beyond-all-orders analysis (which forms the core of the paper) reveals for small kinetic undercooling how a discrete family of fingers is selected; while these are similar to those arising for surface ... [truncated at 450 characters in length]|
|Author||S. J. Chapman; J. R. King;|