• Don’t stop me now: Incremental capacity growth under subsidy termination risk 

      Nagy, Roel L. G.; Fleten, Stein-Erik; Sendstad, Lars H. (Peer reviewed; Journal article, 2022)
      Once a subsidy scheme is close to reaching its goal or loses political support, it may be terminated. An important question for policy makers is how to minimize the negative impact of the risk of subsidy termination on ...
    • The impact of subsidy retraction on European renewable energy investments 

      Sendstad, Lars H.; Hagspiel, Verena; Mikkelsen, Wilhelm Jebsen; Ravndal, Ruben; Tveitstøl, Martin (Peer reviewed; Journal article, 2021)
      Over the past few decades, renewable energy has received considerable public support through subsidies. However, its reliance on governments inherently induces policy uncertainty through the possibility of retroactive ...
    • Policy uncertainty in Scandinavian countries 

      Ifwarsson, Emil Johan Verlo; Kleiven, Lars Erik; Sendstad, Lars H.; Hagspiel, Verena (Peer reviewed; Journal article, 2021)
      We measure policy uncertainty for three small open economies and show how policy uncertainty indices can capture important historical events, both local events such as referendums and certain general elections, as well as ...
    • Real options with active learning - An approach based on the Kalman filter 

      Sund, Sebastian (Master thesis, 2020)
      Selv om tradisjonelle realopsjonsmodeller tar hensyn til usikkerheter i markedet, åpner de ikke for en beslutningstaker som aktivt søker ny informasjon for å lære om fremtidige markedsforhold. Muligheten til å lære fra ...