Center for Energy and Environmental Policy Research: Recent submissions

Now showing items 112-114 of 334

    • Option valuation of flexible investments : the case of a coal gasifier 

      Herbelot, Olivier (MIT Center for Energy and Environmental Policy Research, 1994)
      This paper examines the use of contingent claim analysis to evaluate the option of retrofitting a coal gasifier on an existing gas-fired power plant in order to take advantage of changes in the relative prices of natural ...

    • Book review : three books on global climate change 

      Schmalensee, Richard (MIT Center for Energy and Environmental Policy Research, 1993)

    • Uncertainty, investment, and industry evolution 

      Caballero, Ricardo J.; Pindyck, Robert S. (MIT Center for Energy and Environmental Policy Research, 1992)
      We study the effects of aggregate and idiosyncratic uncertainty on the entry of firms, total investment, and prices in a competitive industry with irreversible investment. We first use standard dynamic programming methods ...