Risk induced resource dependency in capacity investments

DOI10.1016/J.EJOR.2015.10.037MaRDI QIDQ322587zbMATH OpenOpenAlexFDO

Authors Janne Kettunen, Derek W. Bunn

Publication date 7 October 2016

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2015.10.037

zbMATH Keywords

stochastic programmingOR in energydecision supportresource dependency

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Stochastic programming (90C15)

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Cites work

• scientific article; zbMATH DE number 1206370 (Why is no real title available?)
• A Stochastic Programming Approach to Power Portfolio Optimization
• A stochastic multiscale model for electricity generation capacity expansion
• Bertrand-Edgeworth competition, demand uncertainty, and asymmetric outcomes
• Coherent measures of risk
• Discrete time modeling of mean-reverting stochastic processes for real option valuation
• Flexible capacity strategy with multiple market periods under demand uncertainty and investment constraint
• Introduction to Stochastic Programming
• Introduction to the theory of probabilistic functions and percentiles (value-at-risk)
• Investment and capacity choice under uncertain demand
• Multi-resource investment strategies: Operational hedging under demand uncertainty
• Optimization of Dispersed Energy Supply —Stochastic Programming with Recombining Scenario Trees
• Stochastic finance. An introduction in discrete time

Cited in

(2)

• Financial risk, inventory decision and process improvement for a firm with random capacity
• Is certainty in carbon policy better than uncertainty?

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