Browsing NTNU Open by Author "Bakke, Knut-Harald Haukland"
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The Real Options to Shutdown, Startup, and Abandon: Structural Estimation of Switching Costs
Bakke, Knut-Harald Haukland; Viggen, Jon Ragnar (Master thesis, 2012)In this thesis we analyze the real options to shutdown, startup and abandon gas fired power plants. We assume that the plants’ status for a given year is either operating, in standby or retired. Their status is further ...