Browsing Institutt for industriell økonomi og teknologiledelse by Journals "Journal of Economic Dynamics and Control"
Now showing items 1-4 of 4
-
Dynamic spending and portfolio decisions with a soft social norm
(Peer reviewed; Journal article, 2023)We explore the implications of a preference ordering for an investor-consumer with a strong preference for keeping consumption above an exogenous social norm, but who is willing to tolerate occasional dips below it. We do ... -
Green investment under time-dependent subsidy retraction risk
(Peer reviewed; Journal article, 2020)Driven by ambitious targets to reduce greenhouse gas emissions many countries have introduced support schemes to accelerate investments in renewable energy. However, in recent years experience showed that, over time, ... -
Quasi-analytical solution of an investment problem with decreasing investment cost due to technological innovations
(Peer reviewed; Journal article, 2021)In this paper we address, in the context of real options, an investment problem with two sources of uncertainty: the price (reflected in the revenue of the firm) and the level of technology. The level of technology impacts ... -
Strategic technology switching under risk aversion and uncertainty
(Peer reviewed; Journal article, 2020)Firms devising green investment strategies within a deregulated environment must take into account not only economic and technological uncertainty, but also strategic interactions due to competition. Also, further ...