Browsing Publikasjoner fra CRIStin (NHH) by Author "Fleten, Stein-Erik"

Now showing items 1-2 of 2

    • 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 (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 ...