Showing 1 - 10 of 16,883
Persistent link: https://www.econbiz.de/10012874413
Persistent link: https://www.econbiz.de/10012800275
Persistent link: https://www.econbiz.de/10003978398
We study the investment behaviour of a producer maximizing the present value of his firm over an infinite time horizon … capital, are assumed known and held fixed. We find the optimal investment behaviour in the form of a feed-back function …
Persistent link: https://www.econbiz.de/10013025441
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 …
Persistent link: https://www.econbiz.de/10012663283
An uninformed sender designs a mechanism that discloses information about her type to a privately informed receiver, who then decides whether to act. I impose a single-crossing assumption, so that the receiver with a higher type is more willing to act. Using a linear programming approach, I...
Persistent link: https://www.econbiz.de/10011856702
We consider truthful implementation of the socially efficient allocation in an independent private-value environment in which agents receive private information over time. We propose a suitable generalization of the pivot mechanism, based on the marginal contribution of each agent. In the...
Persistent link: https://www.econbiz.de/10014199987
We consider truthful implementation of the socially efficient allocation in an independent private-value environment in which agents receive private information over time. We propose a suitable generalization of the pivot mechanism, based on the marginal contribution of each agent. In the...
Persistent link: https://www.econbiz.de/10014215953
programing models. The models comprise an investment period and a supply period in which players compete in quantities. We …
Persistent link: https://www.econbiz.de/10010344067
non-unit EIS and apply our verification result to prove that they solve the consumption-investment problem. We also …
Persistent link: https://www.econbiz.de/10013133474