Browsing BI Open by Author "Tvedt, Jostein"

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    • Floating offshore wind and the real options to relocate 

      Tvedt, Jostein (Peer reviewed; Journal article, 2022)
      Real options to relocate may improve the profitability of the floating offshore wind industry. Location and market switching can contribute to mitigating parts of the cost disadvantage of floating versus fixed-bottom ...

    • Optimal Entry and Exit Decisions Under Uncertainty and the Impact of Mean Reversion 

      Tvedt, Jostein (Peer reviewed; Journal article, 2022)
      This paper derives an entrepreneur’s optimal switching between an idle and an active state under stochastic mean reverting output prices. The paper suggests a new categorisation of the effects of mean reversion. Mean ...