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central aspects by defining the key concepts of flexibility and security and by demonstrating the possible interplay of both …
Persistent link: https://www.econbiz.de/10008622041
agency costs, versus their benefits, primarily the flexibility of the action choice. We first determine and characterize the …
Persistent link: https://www.econbiz.de/10008622065
In the case of a large nuclear set (like the French set), nuclear production needs to be flexible to adjust to the predicted evolutions of the energy demmand. Consequently, the dominant position of nuclear in the national energy mix makes it responsible for the overall equilibrium of the...
Persistent link: https://www.econbiz.de/10010812337