Explanation of observed high implicit discount rates of conservation investments using the theory of `investment under uncertainty'

zbMATH Open0917.90096MaRDI QIDQ1286780FDOQ1286780

Authors: Thomas Dangl, Franz Wirl 

Publication date: 29 April 1999

Published in: OR Spektrum (Search for Journal in Brave)

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zbMATH Keywords

dynamic optimizationreal optionsstochasticmarket failureenergy conservation investments

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

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