Browsing Norges Handelshøyskole by Subject "G31"
Now showing items 1-2 of 2
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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 ... -
Innovation, competition, and investment timing
(Working paper;2013:3, Working paper, 2013)In our model multiple innovators compete against each other by submitting investment proposals to an investor. The investor chooses the least expensive proposal and when to invest in it. Innovators have to provide costly ...