Jouvet, Pierre-André; Lecadre, Elodie; Orset, Caroline - Économie Publique, Département Sciences Sociales, … - 2011
We analyse the decision of an agent to invest and engage in industrial activities that are characterized by two forms of uncertainty: market size uncertainty and competitive effect uncertainty. We apply our model on the bioenergy industries. We compare the case of an ambiguity neutral agent with...