In order to analyse the consequences of uncertainty for prices and efficiency in a hydropower system, we apply a two …-period model with uncertainty in water inflow. We study three different market structures, perfect competition, monopoly and … uncertainty element creates possibilities of exercising market power depending on the distribution of uncertainty among producers …

In order to analyse the consequences of uncertainty for prices and efficiency in a hydropower system, we apply a two …-period model with uncertainty in water inflow. We study three different market structures, perfect competition, monopoly and … uncertainty element creates possibilities of exercising market power depending on the distribution of uncertainty among producers …

This teaching note accompanies the case study titled “Strategic Decision Making under Uncertainty: Innovation and New … Making under Uncertainty: Innovation and New Product Introduction during Volatile Times”, International Food and Agribusiness … to think about ways to mitigate risk through the use of real options, an options portfolio, and organizational structure …

, we introduce Hausdorff-continuous viscosity solutions to the portfolio model. …

standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of …

standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of …