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Improving long-Term Investment Decisions under Uncertainty: Applications for the Swedish Energy Sector

Author

Listed:
  • Per Anders Bergendahl
  • Lars Brigelius
  • Peter Rosén

Abstract

The oil price shocks in the 1970s illuminated the vulnerability of modern economies when all planning assumes everything to be going on just as usual. How is it then possible to insure against events such as oil price shocks? What will it cost and what will be the return? These are the central issues in this paper.

Suggested Citation

  • Per Anders Bergendahl & Lars Brigelius & Peter Rosén, 1988. "Improving long-Term Investment Decisions under Uncertainty: Applications for the Swedish Energy Sector," The Energy Journal, , vol. 9(2), pages 57-74, April.
  • Handle: RePEc:sae:enejou:v:9:y:1988:i:2:p:57-74
    DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No2-5
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