IDEAS home Printed from https://ideas.repec.org/p/ags/aaea26/404406.html

Enforcement Under Uncertainty: A Real Options Approach to EU NGT Public and Ex-Post Regulation

Author

Listed:
  • Simonetti, Margherita
  • Cingiz, Kutay
  • Wesseler, Justus

Abstract

No abstract is available for this item.

Suggested Citation

  • Simonetti, Margherita & Cingiz, Kutay & Wesseler, Justus, 2026. "Enforcement Under Uncertainty: A Real Options Approach to EU NGT Public and Ex-Post Regulation," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri 404406, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea26:404406
    DOI: 10.22004/ag.econ.404406
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/404406/files/177488_197192_115232_Real_Options_Redraft_-_Ngt_Ip_Model_12.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.404406?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Beckmann, Volker & Soregaroli, Claudio & Wesseler, Justus, 2010. "Ex-ante regulation and ex-post liability under uncertainty and irreversibility: governing the coexistence of GM crops," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 4, pages 1-33.
    2. Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oscar Gutiérrez & Francisco Ruiz-Aliseda, 2011. "Real options with unknown-date events," Annals of Finance, Springer, vol. 7(2), pages 171-198, May.
    2. Chen, Gang & Roberts, Matthew C., 2004. "A Dynamic Programming Framework For Using Weather Derivatives To Manage Dairy Profit Risk," 2004 Annual meeting, August 1-4, Denver, CO 20171, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Arve, Malin & Zwart, Gijsbert, 2023. "Optimal procurement and investment in new technologies under uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 147(C).
    4. Mattia Guerini & Patrick Musso & Lionel Nesta, 2020. "Estimation of Threshold Distributions for Market Participation," Documents de Travail de l'OFCE 2020-15, Observatoire Francais des Conjonctures Economiques (OFCE).
    5. Norvald Instefjord & Turalay Kenc, 2024. "Implementing Real Options Valuation under Macroeconomic Risk and Normally Distributed Cash Flows," International Econometric Review (IER), Economic Research Association, vol. 16(1), pages 50-67, June.
    6. Ewald, Christian Oliver & Taub, Bart, 2022. "Real options, risk aversion and markets: A corporate finance perspective," Journal of Corporate Finance, Elsevier, vol. 72(C).
    7. Wong, Kit Pong, 2011. "Progressive taxation and the intensity and timing of investment," Economic Modelling, Elsevier, vol. 28(1-2), pages 100-108, January.
    8. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2025. "Assessing the Energy-Efficiency Gap," World Scientific Book Chapters, in: Economics of Environment, Climate Change, and Wine Selected Papers of Robert N Stavins Volume 3 (2011–2023), chapter 4, pages 53-118, World Scientific Publishing Co. Pte. Ltd..
    9. Estrada, Isabel & de la Fuente, Gabriel & Martín-Cruz, Natalia, 2010. "Technological joint venture formation under the real options approach," Research Policy, Elsevier, vol. 39(9), pages 1185-1197, November.
    10. M. R Grasselli, 2006. "Getting real with real options," Papers math/0604302, arXiv.org.
    11. Hongru Zhang & Maoshan Tian, 2025. "Shadows of Uncertainty: Unraveling the Impact of Economic Policy Uncertainty on Tourism-Driven Energy Consumption in Macau," Sustainability, MDPI, vol. 17(8), pages 1-20, April.
    12. Md Shahedur R. Chowdhury & Nicos Koussis & Michalis Makrominas & Lenos Trigeorgis, 2025. "Geopolitical risk, uncertainty, real options, and corporate social responsibility," The Financial Review, Eastern Finance Association, vol. 60(3), pages 729-759, August.
    13. Bahmani-Oskooee, Mohsen & Hajilee, Massomeh, 2013. "Exchange rate volatility and its impact on domestic investment," Research in Economics, Elsevier, vol. 67(1), pages 1-12.
    14. Tan Wang & Tony S. Wirjanto, 2016. "Risk Aversion, Uncertainty, Unemployment Insurance Benefit and Duration of "Wait" Unemployment," Annals of Economics and Finance, Society for AEF, vol. 17(1), pages 1-34, May.
    15. Gunther Friedl, 2011. "Kostenbasierte Preisregulierung, Realoptionen und Investitionsanreize," Schmalenbach Journal of Business Research, Springer, vol. 63(63), pages 136-156, January.
    16. Goodness C. Aye & Rangan Gupta, 2019. "Macroeconomic Uncertainty And The Comovement In Buying Versus Renting In The Usa," Advances in Decision Sciences, Asia University, Taiwan, vol. 23(3), pages 93-121, September.
    17. LOFGREN Asa & MILLOCK Katrin & NAUGES Céline, 2007. "Using Ex Post Data to Estimate the Hurdle Rate of Abatement Investments - An application to the Swedish Pulp and Paper Industry and Energy Sector," LERNA Working Papers 07.06.227, LERNA, University of Toulouse.
    18. Aase, Knut K, 2005. "The perpetual American put option for jump-diffusions with applications," University of California at Los Angeles, Anderson Graduate School of Management qt31g898nz, Anderson Graduate School of Management, UCLA.
    19. Maarten van Oosterhout & Gijsbert Zwart, 2023. "Distortions in Investment Timing and Quantity in Real Options with Asymmetric Information," De Economist, Springer, vol. 171(4), pages 347-365, December.
    20. Aase, Knut K., 2004. "The perpetual American put option for jump-diffusions: Implications for equity premiums," Discussion Papers 2004/19, Norwegian School of Economics, Department of Business and Management Science.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea26:404406. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.