This paper explores the existence of a correlation between the energy efficiency generated by photovoltaic power systems and the layout design of the photovoltaic panels, as well as the level in which the layout design acts as a risk driver for energy efficiency, in the context of solar energy....

This paper explores the existence of a correlation between the energy efficiency generated by photovoltaic power systems and the layout design of the photovoltaic panels, as well as the level in which the layout design acts as a risk driver for energy efficiency, in the context of solar energy....

The performance of solar cooling systems with building-integrated (BI) solar collectors was simulated and the results compared with those having the solar collectors installed conventionally on the roof based on the weather data in Hong Kong. Two types of solar collectors and the corresponding...

Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the...

We study the effects of granting an exit option that enables the private party to early terminate a PPP project if it turns out to be loss-making. In a continuous time setting with hidden information about stochastic operating profits, we show that a revenue-maximizing government can optimally...

We study the interaction of incentives to free-ride on information acquisition and strategically delay irreversible investment in environments in which multiple firms evaluate an investment opportunity. In our model, two firms decide how quickly to privately obtain information about the...

In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...

In an intertemporal model, we analyze the timing of irreversible and lumpy monopoly investment under certainty. There are two reasons for investing, i.e. wear and tear leading to replacement investment and demand growth leading to expansion investment. Both in a single investment setting and in...

This paper contributes a theoretical analysis of the effects of different types of regulation on the timing of monopoly investment in a setting with lumpy investment outlays. Concentrating on the case where investment increases the regulatory asset base, we distinguish between price-based...