Blar i NTNU Open på forfatter "Kalvø, Øyvind Iversen"
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Risk aversion in imperfect natural gas markets
Egging, Ruud; Pichler, Alois; Kalvø, Øyvind Iversen; Walle-Hansen, Thomas Meyer (Journal article; Peer reviewed, 2017)This paper presents a natural gas market equilibrium model that considers uncertainty in shale gas reserve exploration. Risk aversion is modeled using a risk measure known as the Average Value-at-Risk (also referred to as ...