remain autious due to the risk profiles, especially in offshore wind. Sensitivities of DCF-based investment models confirm … material risk impact, especially from lower wind availability and construction cost overruns. Political focus on the timely … remain costly. The forthcoming updates to the renewable energy law should seek to mitigate wind availability risk; ease …

which are exposed to a substantial risk of future deterioration. In particular, changes in the economic environment are … uninsurable. An individual takes the risk that, after having made substantial human capital investments in an occupation, the … reduces the value of the occupation-specific human capital. Dispersing this kind of risk would be desirable for various …

channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … attractive. Therefore, risk may also constitute an incentive to invest. The net effect is theoretically indeterminate. The … vorteilhaft erscheinen lassen. Daher kann Risiko einen eigenständigen Investitionsanreiz darstellen. Die Gesamtwirkung ist …