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The objective of this paper is to set a complete ex-ante evaluation to support Decision Makers in designingmore efficient and effective agri-environmental contracts, through an integrated modelling of elements ofprivate and public decision making. Ex-ante comparison of policy design options in...
Persistent link: https://www.econbiz.de/10009446276
This dissertation considers fundamental questions about real options reasoning and its application in the face of uncertainty: do firms behave as real options reasoning predicts, and are there performance benefits from its application? The concept of uncertainty is further developed by...
Persistent link: https://www.econbiz.de/10009447290
Real options theory has become an influential explanatory and normative framework for making resource allocation decisions. Despite a growing body of strategy research regarding real options, however, there is as of yet little empirical confirmation (1) that firm resource allocation behavior...
Persistent link: https://www.econbiz.de/10009467795
Supporting thermoelectric power generation requires a significant quantity of water, primarilyfor cooling operations. Lack of available water due to physical scarcity or thermal permit limitsassociated with the Clean Water Act 316 (a) can result in a forced curtailment of plant operation,known...
Persistent link: https://www.econbiz.de/10009476596
We offer a new perspective on games of irreversible investment under uncertainty in continuous time. The basis is a particular approach to solve the involved stochastic optimal control problems which allows to establish existence and uniqueness of an oligopolistic open loop equilibrium in a very...
Persistent link: https://www.econbiz.de/10009452557
product. First, firms do not exist in a vacuum and any action they take will be countered by their competition. Second, with …
Persistent link: https://www.econbiz.de/10009456839
This dissertation is a series of three essays exploring the determinants and effects of enrollment in the United States Department of Agriculture's (USDA) Conservation Reserve Program (CRP). The CRP is the United States' largest federal conservation program, currently enrolling over 34 million...
Persistent link: https://www.econbiz.de/10009431177
The evolving organization and operation of real estate capital markets. Sources of real estate capital. Primary and secondary mortgage markets. The investment behavior of real estate assets. The development of REITs and securitized debt markets. Advanced pricing techniques for complex real...
Persistent link: https://www.econbiz.de/10009432644
point to the real danger that theintent of Congress in passing the 1996 Act to promote competition intelecommunications will …
Persistent link: https://www.econbiz.de/10009435083
An important issue in economics is how market structure affects prices.While the standard view is that competition … access, with orwithout competition from a DSL provider, and using education dispersionand ethnic diversity as proxies for …, competition reduces prices. As preference becomes morediverse, the negative effect of competition on prices diminishes; andwhen …
Persistent link: https://www.econbiz.de/10009435113