According to bartlett 2002 ldquoeconomic theory is quite, Financial Management

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According to bartlett 2002 ldquoeconomic theory is quite

According to Bartlett [2002], “economic theory is quite clear that full deductibility of (capital) losses is extremely important to risk-taking.” Explain the basis for this contention. Under 4 US law, capital losses are only partially deductible against other forms of income. How does this affect incentives to take risk?

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