Innovation and risk-averse firms: Options on carbon allowances as a hedging tool
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DOI: 10.1016/j.enpol.2014.03.012
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Cited by:
- Alexander Golub & Jon Anda & Anil Markandya & Michael Brody & Aldin Celovic & Angele Kedaitiene, 2022.
"Climate alpha and the global capital market,"
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2022.19, Fondazione Eni Enrico Mattei.
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- Compernolle, T. & Welkenhuysen, K. & Huisman, K. & Piessens, K. & Kort, P., 2017. "Off-shore enhanced oil recovery in the North Sea: The impact of price uncertainty on the investment decisions," Energy Policy, Elsevier, vol. 101(C), pages 123-137.
- Krasovskii, Andrey & Khabarov, Nikolay & Obersteiner, Michael, 2016. "Fair pricing of REDD-based emission offsets under risk preferences and benefit-sharing," Energy Policy, Elsevier, vol. 96(C), pages 193-205.
- Golub, Alexander & Lubowski, Ruben & Piris-Cabezas, Pedro, 2017. "Balancing Risks from Climate Policy Uncertainties: The Role of Options and Reduced Emissions from Deforestation and Forest Degradation," Ecological Economics, Elsevier, vol. 138(C), pages 90-98.
- Golub, Alexander A. & Lubowski, Ruben N. & Piris-Cabezas, Pedro, 2020. "Business responses to climate policy uncertainty: Theoretical analysis of a twin deferral strategy and the risk-adjusted price of carbon," Energy, Elsevier, vol. 205(C).
- Zheng, Wei & Li, Bo & Song, Dongping & Li, Yanran, 2023. "Innovative development strategy of a risk-averse firm considering product unreliability under competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 172(C).
- Hu, Junfei & Chen, Huanyue & Zhou, Peng & Guo, Peng, 2022. "Optimal subsidy level for waste-to-energy investment considering flexibility and uncertainty," Energy Economics, Elsevier, vol. 108(C).
- Su, Chi Wei & Wei, Shenkai & Wang, Yan & Tao, Ran, 2024. "How does climate policy uncertainty affect the carbon market?," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
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Keywords
Carbon trading scheme; Stochastic technological change; Option pricing;All these keywords.
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