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Competition and irreversible investments under uncertainty

Moretto, Michele - 2003

This paper examines the effect of competition on the irreversible investment decisions under uncertainty as a …

Persistent link: https://www.econbiz.de/10011591153

Competition of e-commerce intermediaries

Matros, Alexander; Zapechelnyuk, Andriy - 2010

little, fierce competition between providers of similar services is expected. We consider a model where two e … prefer the less popular and cheaper one. -- E-commerce ; Intermediary ; Competition ; Listing fee ; Closing fee …

Persistent link: https://www.econbiz.de/10008746177

The enemy of my enemy

Stringhi, Alessandro; Gil-Gallen, Sara; Albertazzi, Andrea - 2025

This paper studies how competition between groups affects cooperation. In the control condition, pairs of subjects play … an indefinitely repeated Prisoner's Dilemma game without external competition. In the treatment, two pairs compete … against each other. No monetary rewards are tied to winning, isolating the bare impact of competition. In the treatment …

Persistent link: https://www.econbiz.de/10015190245

Does P2P trading favor investments in PV-battery systems?

Andreolli, Francesca; D'Alpaos, Chiara; Kort, Peter M. - 2023

Due to the deployment of distributed renewable energy sources (e.g., solar), the introduction of communication technologies, and the digitalization of the power system (e.g., smart meters, control devices), energy consumers are switching from passive to active in the management of their energy...

Persistent link: https://www.econbiz.de/10013547850

Farmland investments in Africa : what's the deal?

Di Corato, Luca; Hess, Sebastian - 2014 - This version: December 12, 2013

Large-scale foreign investments in African farmland are rising and may contribute to agricultural productivity growth and economic development. However, host countries sometimes have to wait longer for the economic benefits to arrive than initially expected. In this respect, the timing of...

Persistent link: https://www.econbiz.de/10010253463

Termination fees and contract design in public-private partnerships

Buso, Marco; Dosi, Cesare; Moretto, Michele - 2018

We study the effects of granting an exit option that enables the private party to early terminate a PPP project if it turns out to be loss-making. In a continuous time setting with hidden information about stochastic operating profits, we show that a revenue-maximizing government can optimally...

Persistent link: https://www.econbiz.de/10011925624

Investing in photovoltaics : timing, plant sizing and smart grids flexibility

Bertolini, Marina; D'Alpaos, Chiara; Moretto, Michele - 2016

In Italy and in many EU countries, the last decade was characterized by a large development of distributed generation power plants. Their presence determined new critical issues for the design and management of the overall energy system and the electric grid due to the presence of discontinuous...

Persistent link: https://www.econbiz.de/10011548109

Do exit options increase the value-for-money of public-private partnership?

Buso, Marco; Dosi, Cesare; Moretto, Michele - 2020

We study the effects of granting an exit option that enables the private party to early terminate a PPP project if it turns out to be financially loss-making. In a continuous-time setting with hidden information about operating profits, we show that an exit option, acting as a risk-sharing...

Persistent link: https://www.econbiz.de/10012195007

Photovoltaic smart grids in the prosumers investment decisions : a real option model

Castellini, Marta; Menoncin, Francesco; Moretto, Michele; … - 2019

The digitization of power system represents one of the main instruments to achieve the target set by the European Union 2030 climate and energy Agenda of affordable energy transition. During the last years, such innovation process has been associated with the Smart Grid (SG) term. In this...

Persistent link: https://www.econbiz.de/10012123221

Energy exchange among heterogeneous prosumers under price uncertainty

Castellini, Marta; Di Corato, Luca; Moretto, Michele; … - 2021

In this paper, we provide a real options model framing prosumers' investment in photovoltaic plants. This is presented in a Smart Grid context where the exchange of energy among prosumers is possible. We determine the optimal size of the photovoltaic installations based on the influence the...

Persistent link: https://www.econbiz.de/10012654144