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standard of at least 40 years and in some countries, such as the United States, of 60 years) imposes significant costs on … German power producers, electricity consumers and the German economy. This article estimates the direct costs linked to the … shutdown of Germany’s nuclear power reactors before the end of their operational lifetimes. These are costs that are …
Persistent link: https://www.econbiz.de/10010706830
We investigate the relative efficiency of an agreement based on a uniform standard without transfers and one based on differentiated standards with transfers when strictly identical countries deal with transboundary pollution. We especially ask what role fixed cost plays. Two approaches are...
Persistent link: https://www.econbiz.de/10010707620
and subject to economies of scale. Concentration created a European oligopoly. The analysis of this consolidation cannot … security of supply, investment and innovation) …
Persistent link: https://www.econbiz.de/10011166300
Real assets are usually valued by computing the stream of profits they can bring to a price-taking firm in a liquid market. This method ignores market fundamentals by assuming that all the relevant information is included in the spot price. Our article analyses the bias resulting from such an...
Persistent link: https://www.econbiz.de/10011073556
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Persistent link: https://www.econbiz.de/10010708617
Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk … figuring out the possible futures of the technology and of the industry. Avoiding oligopoly capture relies on an understanding … of costs and business models. Since the relevant information and knowledge are dispersed and permanently evolving …
Persistent link: https://www.econbiz.de/10010723175
based on innovation. Private equity activity is in this regard a better mode of financing innovative enterprises added to …
Persistent link: https://www.econbiz.de/10010861399
correlated to the size of investment of the innovation projects and the level of seniority is positively associated to the most … innovative projects. The seniority of champions explains positively the innovation success, but the hierarchical level has no …
Persistent link: https://www.econbiz.de/10010861514
relates to the type of innovation, the characteristics of the market sector in which they operate, the firms’ characteristics …
Persistent link: https://www.econbiz.de/10010861533