Similar Search Results

Dixit, Avinash K.; Pindyck, Robert S. - Princeton University Press

investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing …

Persistent link: https://www.econbiz.de/10011115766

An efficient optimization of well placement and control for a geothermal prospect under geological uncertainty

Chen, Mingjie; Tompson, Andrew F.B.; Mellors, Robert J.; … - In: Applied Energy 137 (2015) C, pp. 352-363

engineering design parameters in the context of geologic uncertainty as a means to both understand and maximize profitability of … importance of reducing the uncertainty of key geologic properties. The major uncertainty sources in the natural-system are …

Persistent link: https://www.econbiz.de/10011116003

Advancing the experiment to reality: Perspectives on Shanghai pilot carbon emissions trading scheme

Wu, Libo; Qian, Haoqi; Li, Jin - In: Energy Policy 75 (2014) C, pp. 22-30

Shanghai, as the most advanced mega city in China, has launched a pilot carbon emission trading scheme (SH-ETS) that is designed to achieve a compromise between the domestic context in Shanghai, and a need for national policy appeal. This paper gives an overview of the latest progress of the...

Persistent link: https://www.econbiz.de/10011116704

High short interest effect and aggregate volatility risk

Barinov, Alexander; Wu, Juan - In: Journal of Financial Markets 21 (2014) C, pp. 98-122

risk. Consistent with this argument, we show that these firms have high firm-specific uncertainty and option-like equity …

Persistent link: https://www.econbiz.de/10011116721

Regeneration decisions in forestry under climate change related uncertainties and risks: Effects of three different aspects of uncertainty

Schou, Erik; Thorsen, Bo Jellesmark; Jacobsen, Jette Bredahl - In: Forest Policy and Economics 50 (2015) C, pp. 11-19

climate change impacts. The manager's assessment of possible developments and impacts and the related uncertainty will affect … to generate a set of alternative outcomes, investigating effects on decision making of three aspects of uncertainty: (i … be based on ex ante assessments — suggesting that if forest managers believe that climate change uncertainty will prevail …

Persistent link: https://www.econbiz.de/10011116786

Does ambiguity aversion survive in experimental asset markets?

Füllbrunn, Sascha; Rau, Holger A.; Weitzel, Utz - In: Journal of Economic Behavior & Organization 107 (2014) PB, pp. 810-826

Although a number of theoretical studies explain empirical puzzles in finance with ambiguity aversion, it is not a given that individual ambiguity attitudes survive in markets. In fact, despite ample evidence of ambiguity aversion in individual decision making, most studies find no or only...

Persistent link: https://www.econbiz.de/10011116891

Output adjusting cartels facing dynamic, convex demand under uncertainty: The case of OPEC

Wirl, Franz - In: Economic Modelling 44 (2015) C, pp. 307-316

and by the again high and volatile oil prices. The oil market characteristics – uncertainty, dynamic and convex demand …

Persistent link: https://www.econbiz.de/10011116949

A stochastic programming formulation for strategic fleet renewal in shipping

Bakkehaug, Rikard; Eidem, Eirik Stamsø; Fagerholt, Kjetil - In: Transportation Research Part E: Logistics and … 72 (2014) C, pp. 60-76

fleet renewal in shipping is proposed. The new formulation explicitly handles uncertainty in parameters such as future … obtained when considering the uncertainty of future parameters, compared to using expected values. …

Persistent link: https://www.econbiz.de/10011116989

Nonlinear dynamic pollution under uncertainty and binding targets

Travaglini, Giuseppe - In: Mathematics and Computers in Simulation (MATCOM) 108 (2015) C, pp. 175-183

In this paper, we study the effects of environmental regulation which establishes binding targets to pollution accumulation. Pollution follows a geometric Brownian motion. Inside the targets, pollution behaves as if it were freely floating until it hits one of the two limits. The model provides...

Persistent link: https://www.econbiz.de/10011117191

Impact of plug-in hybrid electric vehicles charging demand on the optimal energy management of renewable micro-grids

Kavousi-Fard, Abdollah; Abunasri, Alireza; Zare, Alireza; … - In: Energy 78 (2014) C, pp. 904-915

This paper suggests a new stochastic expert framework to investigate the charging effect of plug-in hybrid electric vehicles (PHEVs) on the optimal operation and management of micro-grids (MGs). In this way, a useful method based on smart charging approach is proposed to consider the charging...

Persistent link: https://www.econbiz.de/10011117591