Optimal technology choice and investment timing

A stochastic model of industrial cogeneration vs. heat-only production
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Author
Wickart, Marcel
Madlener, Reinhard
Date
2007
Type
    Journal Article
Publication status
published
External links
Journal / series
Energy Economics
Volume
29(4)
Pages / Article No.
934 - 952
Publisher
Elsevier
Subject
Cogeneration; Irreversible investment; Risk; Uncertainty; Real options
Organisational unit
03533 - Jochem, Eberhard  
03533 - Jochem, Eberhard  
Notes
Received 25 August 2006, Received in revised form 5 December 2006, Accepted 13 December 2006, Available online 30 January 2007.
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