This paper investigates a regulated company's capacity choices for a two-stage investment opportunity with growth options, if the company faces a cost-based regulation. It uses a theoretical approach: A discrete-time mathematical model which is solved analytically. For new technologies like...

This experimental study is concerned with the impact of the timing of the resolution of risk onpeople's willingness to take risks, with a special focus on the role of affect. While the importanceof anticipatory emotions has so far been only inferred from decisions regarding hypothetical...