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A bargaining model of financial intermediation

Bester, H. - Tilburg University, Center for Economic Research - 1994

Persistent link: https://www.econbiz.de/10011090933

Sustainability and Substitution of Exhaustible Natural Resources : How Resource Prices Affect Long-Term R&D Investments

Smulders, Sjak; Bretschger, L. - Tilburg University, Center for Economic Research - 2003

Traditional resource economics has been criticised for assuming too high elasticities of substitution, not observing material balance principles and relying too much on planner solutions to obtain long-term growth.By analysing a multi-sector R&D based endogenous growth model with exhaustible...

Persistent link: https://www.econbiz.de/10011091935

Estimating net present value variability for deterministic models

Groenendaal, Willem van - Tilburg University, Center for Economic Research - 1995

For decision makers the variability in the net present value (NPV) of an investment project is an indication of the … about the stochastic character of the inputs. For large, longterm investment projects (such as energy infrastructures …

Persistent link: https://www.econbiz.de/10011092930