Green electricity investments: Environmental target and the optimal subsidy

S Bigerna, X Wen, V Hagspiel, PM Kort - European Journal of Operational …, 2019‏ - Elsevier
We investigate the optimal investment decision in renewables under market demand
uncertainty, in the context of the Italian strategy for renewable deployment under the EU …

Capacity investment decisions of two competing ports under uncertainty: A strategic real options approach

M Balliauw, PM Kort, A Zhang - Transportation research part B …, 2019‏ - Elsevier
Ports worldwide operate in an uncertain environment and compete with nearby ports to
attract cargo. The extent of competition is influenced by the geographical location and …

Agency problems in public-private partnerships investment projects

F Silaghi, S Sarkar - European Journal of Operational Research, 2021‏ - Elsevier
This paper examines concession contracts between a private firm and a government in the
presence of moral hazard within a real-options framework. The design of optimal contracts to …

[HTML][HTML] Revenue-sharing and volume flexibility in the supply chain

N Koussis, F Silaghi - International Journal of Production Economics, 2023‏ - Elsevier
We model capacity choice and utilization of a manufacturer selling products through a
retailer under a revenue sharing contract. We derive the optimal revenue sharing contract …

[HTML][HTML] Bi-level optimisation of subsidy and capacity investment under competition and uncertainty

Z Zhang, M Chronopoulos, I Kyriakou… - European Journal of …, 2024‏ - Elsevier
In this paper, we develop a bi-level real options framework for deriving the equilibrium
Government subsidisation and firm-level capacity investment policy in a duopoly market …

Towards improved port capacity investment decisions under uncertainty: a real options approach

M Balliauw, H Meersman, E Van de Voorde… - Transport …, 2019‏ - Taylor & Francis
Port activity plays an important role in facilitating international trade. Sufficient capacity is
indispensable for a port to attract flows to a region and retain them. The capacity decision is …

[HTML][HTML] Green capacity investment under subsidy withdrawal risk

RLG Nagy, V Hagspiel, PM Kort - Energy Economics, 2021‏ - Elsevier
Subsidies initially installed to stimulate green capacity investments tend to be withdrawn
after some time. This paper analyzes the effect on investment of this phenomenon in a …

Online platforms' warehouse capacity allocation strategies for multiple products

S Hu, ZY Dennis, K Fu - Transportation Research Part E: Logistics and …, 2023‏ - Elsevier
Online platforms typically store multiple products in their warehouses, which often run out of
space. Hence we are motivated to study how platforms can effectively allocate their limited …

Valuing investments in domestic PV-Battery Systems under uncertainty

F Andreolli, C D'Alpaos, M Moretto - Energy economics, 2022‏ - Elsevier
Renewable energy technologies are expected to play a major role in mitigating climate
change and resource depletion effects as well as in contributing to domestic energy security …

[HTML][HTML] New insights in capacity investment under uncertainty

AG Balter, KJM Huisman, PM Kort - Journal of Economic Dynamics and …, 2022‏ - Elsevier
An important development in the real options theory is the notion that an investment decision
is not only about timing but also about size. This plays for instance a crucial role when the …