Cite JOURNAL ARTICLE
Energieeinsparung, Markthemmnisse und optimales Timing
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 116 (1996), Iss. 2 : pp. 253–271
According to a widespead belief many energysaving investments are not realized because of market failure. In a model for oil- and gassaving projects it is shown that much of investors's reserve can be referred to a problem of optimal timing.