Bottom-up optimization models neglect the inclusion of investment behavior We introduce three investor types that … differ in their investment cost specifications, financing costs, and discounting. This leads to a substantially different … accounting for more differentiated picture of electricity market investment with heterogeneous investor types can provide a …

An investment is a commitment of funds made in the expectation of some positive rate of return. A fundamental principle …. The different stocks can be clubbed in one portfolio. The most important investment decision which the investor of a …

We study the investment behaviour of a producer maximizing the present value of his firm over an infinite time horizon … and having investments bounded below by zero (irreversibility of capital) and bounded above by his current profit (capital … capital, are assumed known and held fixed. We find the optimal investment behaviour in the form of a feed-back function …