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The study of investment under uncertainty was stagnant for several decades until developments in real options revitalized the field. The topics covered in this
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Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decisi
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How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditio
Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty
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The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity m
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This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission faciliti