Scandizzo, Pasquale Lucio; Knudsen, Odin K - Centro di Studi Internazionali Sull'Economia e la … - 2010
In this paper, we explore the effects of dynamic uncertainty on the risk management of regulated industries and emission market. We consider as major sources of uncertainty the stochastic growth of demand for the industry output (e.g. electric energy) and the ensuing lack of information on the...