Showing 1 - 10 of 25
Market prices make it possible to realise returns on capital investments in the electricity sector, but these prices … initiator mechanisms for capital investment but, rather, to study an alternative. We show that this conceptually simple …
Persistent link: https://www.econbiz.de/10010707552
This paper characterizes the core of a differentiable convex distortion of a probability measure on a nonatomic space by identifying it with the set of densities which dominate the derivative of the distortion, for second order stochastic dominance. The densities that have the same distribution...
Persistent link: https://www.econbiz.de/10010707781
premium is provided showing the contribution of demand and capacity to the futures prices. We show that when far from delivery …
Persistent link: https://www.econbiz.de/10011073663
This paper analyses the qualitative properties of optimal contracts when agents have multiple priors and are uncertainty averse in an infinite state space framework. The case of the epsilon-contamination of a given prior, a basic tool in robustness theory is fully developped. It is shown that if...
Persistent link: https://www.econbiz.de/10011166453
Persistent link: https://www.econbiz.de/10010905397
The paper will discuss the possibilities of the development of nuclear energy in the world in the midterm and long term. It will correlate the prospects with the emissions of CO2 and the effects on climate change. In particular it will discuss the problems nuclear energy face to make a large...
Persistent link: https://www.econbiz.de/10010707283
This report addresses the increasingly important interactions of variable renewables and dispatchable energy technologies, such as nuclear power, in terms of their effects on electricity systems. These effects add costs to the production of electricity, which are not usually transparent. The...
Persistent link: https://www.econbiz.de/10010708396
The long-term incentive for the development of breeders is well known: better use of natural uranium in order to extend the potential of nuclear energy by a factor of 50 with given uranium resources, and in fact by a much larger factor, since also uranium resources from low-grade ores can be...
Persistent link: https://www.econbiz.de/10011096656
This paper investigates whether group affiliation and stakeholder's nationality affect both the propensity of engaging in outward FDI and its effects on home performance. Using a sample of French manufacturers, we combine propensity-score matching with a Difference-In-Difference estimator in...
Persistent link: https://www.econbiz.de/10010706706
We examine how ownership concentration and the separation of ownership and control affect market liquidity in France …
Persistent link: https://www.econbiz.de/10010706821