Breakthrough renewables and the green paradox

Autor: Frederick van der Ploeg

Publikováno v: Van Der Ploeg, F 2018, ' Breakthrough renewables and the green paradox ', FinanzArchiv, vol. 74, no. 1, pp. 52-70 . https://doi.org/10.1628/001522118X15101422148687
FinanzArchiv, 74(1), 52-70. JCB Mohr

We show how a monopolistic owner of oil reserves responds to a carbon-free substitute becoming available at some uncertain point in the future if demand is isoelastic and variable extraction costs are zero but upfront exploration investment costs hav

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1a8ba559c33d0bf61cb7ca899e623529
https://research.vu.nl/en/publications/4d991749-6ba4-47fe-9d27-924190c59963