Browsing Fakultet for økonomi (ØK) by Author "Åtland, Espen"
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Sequential Investments in Power Plants: A Structural Estimation Approach
Bromander, Gitte; Åtland, Espen (Master thesis, 2013)In this thesis we develop a structural estimation model for sequential investment decisions emerging in real options applications. The optimization methodology, Mathematical Program with Equilibrium Constraints (MPEC), is ...