technologies under uncertainty. Specifically, given two technologies, one with lower costs at present, but the other with greater … uncertainty in the returns to R&D, how should one allocate the R&D budget? We develop a multi-stage stochastic dynamic programming … higher cost technology is justified, and that the amount of R&D into the high cost technology increases with both the …

. Price-cost margins and bid shading are affected by the parameters of the information structure: supply functions are steeper …

families with children already enrolled in child care. -- childcare ; cost of children ; fertility ; quasi …

' understanding of the possible circumstances in which actions will have to be chosen and their attitude towards risk and uncertainty …

; trade cost elasticity ; heterogeneity ; zero trade …

It is analyzed the impacts of outsourcing cost and wage tax progression under labor market imperfections with Nash wage … bargaining and flexible outsourcing. With sufficiently strong (weak) labor market imperfection, lower outsourcing cost has a wage …

We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation … technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may … be more desirable than com-parable cost reductions related to renewable energy. The finding rests on the incentives …