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-environmental schemes under asymmetric information and uncertainty. However, none has examined the case where the level of compliance is a … continuous variable and producers face simultaneous monitoring, output price and production uncertainty. Treating conservation …
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In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a …
Persistent link: https://www.econbiz.de/10009020915
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this new framework to investments in the electricity sector. In particular, a real options model is used to assess the … adoption decision of particular technologies under uncertainty. These technologies are coal-fired power plants, biomassfired …
Persistent link: https://www.econbiz.de/10010294022
this new framework to investments in the electricity sector. In particular, a real options model is used to assess the … adoption decision of particular technologies under uncertainty. These technologies are coal-fired power plants, biomassfired …
Persistent link: https://www.econbiz.de/10005572024
abatement investment and taxes when the cost of the environmental regulation varies spatially under uncertainty. It contributes … environmental regulation uncertainty. An increase in the cost of the environmental regulation moves a risk-averse firm closer to the …. Uncertainty about environmental regulations in the form of the abatement investment and taxes also leads a risk-averse firm to …
Persistent link: https://www.econbiz.de/10005805897
Uncertainty enters the dynamic tradeoffs of environmental and natural resource management in a variety of ways and … forms. In this chapter we review the various sources of uncertainty, the methodologies developed to account for them and …
Persistent link: https://www.econbiz.de/10009646007
In the past year, climate change has moved from political controversy to political consensus; at least, in relation for price-based policies the need to limit emissions. Uncertainties remain but with both major parties proposing to develop an emissions trading regime, it is timely to highlight...
Persistent link: https://www.econbiz.de/10010879324
We present a definition of increasing uncertainty, in which an elementary increase in the uncertainty of any act … rise to a dual definition of comparative aversion to uncertainty. We characterize this definition for a popular class of … generalized models of choice under uncertainty. …
Persistent link: https://www.econbiz.de/10010879329