L'objectif de ce papier est de construire un modele d'evaluation des investissements optimaux a realiser dans les centrales electriques thermiques qui opereront en 2005 en Allemagne. Un autre but de ce papier est d'evaluer, sous l'angle economique, les arguments qui ont pu ou peuvent pousser...

This paper studies irreversible investment decisions of a risl neutral regulated firm which has costs of production and of investment known with certainty and constant over time, but subject to uncertainty on exogenous shocks to demand. These shocks follow a geometric Brownian motion. No...

This paper studies optimal investment in different types of electric plants. Neither future fuel prices nor future demand are known. Furthermore, we take into account explicitly the problems of management of the peak load and of the decrease of efficiency of plants used for long periods. A two...

This paper expands on the theory of irreversible investment under uncertainty, incorporating capacity constraints and uncertainty of input price. No restriction on the demand elasticity value is imposed. Assuming that the input price follows a geometric Brownian motion, the optimal irreversible...

This paper is aimed at assesssing the empirical relevance of the new theory of regulation inspired by the theory of incentives. It contributes to the econometrics of asymmetric information models by using the principal-agent framework for studying the regulatory schemes used in French urban...

Dans cet article, nous proposons un cadre unifie permettant de rendre compte des developpements les plus recents de la theorie de la discrimination par le prix. Ces developpements ont pour denominateur commun le desir de relacher les hypotheses sous-tendants le cas desormais classique de la...