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Improving Long-Term...
Improving Long-Term Investment Decisions under Uncertainty: Applications for the Swedish Energy Sector
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- Bergendahl, Per-Anders, 1947 (författare)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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- Brigelius, Lars, 1955 (författare)
- Gothenburg University,Göteborgs universitet,Företagsekonomiska institutionen,Department of Business Administration
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- Rosén, Peter, 1955 (författare)
- Gothenburg University,Göteborgs universitet,Företagsekonomiska institutionen,Department of Business Administration
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(creator_code:org_t)
- 1988
- 1988
- Engelska.
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Ingår i: The Energy Journal. ; 9:2, s. 57-73
- Relaterad länk:
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https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- Assumptions about future conditions (e.g. fuel prices) are more or less uncertain. Since energy investments projects most often are characterized by hihg costs and a planned long term uitilization, misallocation of resources may be very expensive. Using the MARKAL model, a number of stylized examples are provided in order to illustrate the economic consequences of misjudgments. Furthermore, possible guidelines for decision-making under uncertainty are illustrated. Finally the boundaries of this analytical approach are highlighted.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Nyckelord
- Investment under uncertainty
- Fuel prices
- MARKAL-model
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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