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Can wood pellets save coal? A real options approach to retrofitting coal plants

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  • Stutzmas, Sarah
  • Weiland, Brandon
  • Preckel, Paul
  • Wetzstein, Michael

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Suggested Citation

  • Stutzmas, Sarah & Weiland, Brandon & Preckel, Paul & Wetzstein, Michael, 2016. "Can wood pellets save coal? A real options approach to retrofitting coal plants," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 234940, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:234940
    DOI: 10.22004/ag.econ.234940
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    References listed on IDEAS

    as
    1. Reindorp, Matthew J. & Fu, Michael C., 2011. "Capital renewal as a real option," European Journal of Operational Research, Elsevier, vol. 214(1), pages 109-117, October.
    2. John W. McClelland & Micheal E. Wetzstein & Richard K. Noles, 1989. "Optimal Replacement Policies for Rejuvenated Assets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 147-157.
    3. Ian M. Dobbs, 2004. "Replacement Investment: Optimal Economic Life Under Uncertainty," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(5‐6), pages 729-757, June.
    4. Ian M. Dobbs, 2004. "Replacement Investment: Optimal Economic Life Under Uncertainty," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(5-6), pages 729-757.
    5. Adkins, Roger & Paxson, Dean, 2011. "Renewing Assets with Uncertain Revenues and Operating Costs," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 46(3), pages 785-813, June.
    6. Nicky J. Welton & Howard H. Z. Thom, 2015. "Value of Information," Medical Decision Making, , vol. 35(5), pages 564-566, July.
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    Keywords

    Agricultural and Food Policy; Agricultural Finance; Financial Economics;
    All these keywords.

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