Essays on real options and strategic interactions
Chapter 2 considers technology adoption under both technological and subsidy uncertainties. Uncertainty in subsidies for green technologies is considered as an example. Technological progress is exogenous and modeled as a jump process with a drift. The analytical solution is presented for cases when...
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Format: | Others |
Language: | English |
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2012
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Online Access: | http://hdl.handle.net/2152/ETD-UT-2012-08-6360 |