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aggregated equilibrium investment (interpreted as conflict intensity) and underlying network characteristics. The derived results …
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capacity and welfare by fitting it to the data of the German electricity market. -- Investment incentives ; demand uncertainty …
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The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV … (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However …, most R&D investment projects are open to competing firms in the same industry or line of business, and so the strategic …
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