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We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase-out in Europe by 2030 has a moderate impact on...
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Terrorist events typically vary along many dimensions, making it difficult to identify their economic effects. This paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents in France over the period from January 2015 to July...
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, the costs of ignoring uncertainty, and the value of flexibility. Our results show that ignoring risk has quantifiable … traditional deterministic planning methods. Furthermore, the best plan under a risk-neutral criterion can differ from the best … under risk-aversion. …
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Risiko- und Aufgabenspektrum eingeleitet. Grundfrage war und bleibt, welche Rolle das vereinte Deutschland künftig …
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