Browsing NTNU Open by Author "Storebø, Alexander"
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Electricity capacity expansion in a Cournot duopoly
Brøndbo, Helene Kvilhaug; Storebø, Alexander; Fleten, Stein-Erik; Boomsma, Trine Krogh (Journal article; Peer reviewed, 2017)This paper adopts a real options approach to analyze marginal investments in power markets with heterogeneous technologies and time-varying demand. We compare the investment behavior of two firms in a Cournot duopoly to a ...