Autor
Mostrando ítems 1-2 de 2
-
Optimal regime switching under risk aversion and uncertainty
Chronopoulos, Michail; Lumbreras Sancho, Sara (2017-01-16)Technology adoption is key for corporate strategy, often determining the success or failure of a company as a whole. However, risk aversion often raises the reluctance to make a timely technology switch, particularly when ... -
Real options valuation applied to transmission expansion planning
Lumbreras Sancho, Sara; Bunn, Derek W.; Ramos Galán, Andrés; Chronopoulos, Michail (2016-02-01)Transmission expansion planning (TEP) is a complex problem where building a new line involves a long permitting process of around 10 years. Therefore, transmission expansion must anticipate the evolution of uncertainties, ...