Browsing NHH Brage by Author "Hagspiel, Verena"

Now showing items 1-4 of 4

    • Optimal Risk Adoption and Capacity Investment in Technological Innovations 

      Sendstad, Lars Hegnes; Chronopoulos, Michail; Hagspiel, Verena (Peer reviewed; Journal article, 2021)
      Technological innovations often formulate new market regimes and create incentives to abandon existing, less attractive ones. However, this decision depends not only on market forces, such as economic and technological ...

    • Stepwise Green Investment under Policy Uncertainty 

      Chronopoulos, Michail; Hagspiel, Verena; Fleten, Stein-Erik (Peer reviewed; Journal article, 2016)
      We analyse how market price and policy uncertainty, in the form of random provision or retraction of a subsidy, interact to affect the optimal time of Investment and the size of a renewable energy (RE) project that can be ...

    • Stepwise Investment and Capacity Sizing under Uncertainty 

      Chronopoulos, Michail; Hagspiel, Verena; Fleten, Stein-Erik (Discussion paper;10/15, Working paper, 2015-02-13)
      The relationship between uncertainty and managerial flexibility is particularly crucial in addressing capital projects. We consider a firm that can invest in a project in either a single (lumpy investment) or multiple ...

    • Stepwise investment and capacity sizing under uncertainty 

      Chronopoulos, Michail; Hagspiel, Verena; Fleten, Stein-Erik (Peer reviewed; Journal article, 2016)
      The relationship between uncertainty and managerial flexibility is particularly crucial in addressing capital projects. We consider a firm that can invest in a project in either a single (lumpy investment) or multiple ...