Blar i NHH Brage på emneord "precautionary savings"
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Elements of economics of uncertainty and time with recursive utility
(Discussion paper;13/20, Working paper, 2020-10-30)We address how recursive utility affects important results in the theory of economics of uncertainty and time, as compared to the standard model, where the focus is on dynamic models in discrete time. Several puzzles ... -
Energy storage and renewable energy
(Discussion paper;18/2014, Working paper, 2014-05)I consider an economy with fossil fuel and renewable energy and energy storage, and search for the conditions that lead to welfare improvements when energy is stored. I then solve for the optimal decision rule and analyze ...