Dynamic models of the firm with green energy and goodwill with a constant size of the output market

Herbert Dawid; Richard F. Hartl; Peter M. Kort

doi:10.1007/978-3-030-19107-8_8

Dynamic models of the firm with green energy and goodwill with a constant size of the output market

Herbert Dawid
, Richard F. Hartl
, Peter M. Kort

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Scientific › peer-review

4 Citations (Scopus)

Abstract

This paper analyzes a dynamic model of the firm. We focus on the effect of investment in green energy. We explicitly take into account that green energy has a positive side effect, namely that it contributes to the goodwill of the firm and thus increases demand. Different models are proposed and the solutions range from monotonic saddle point convergence to history-dependent Skiba behavior.

Original language	English
Title of host publication	Games in Management Science
Subtitle of host publication	Essays in Honor of Georges Zaccour
Editors	P.O. Pineau, S. Sigué, S. Taboubi
Place of Publication	Cham
Publisher	Springer
Pages	131-146
Number of pages	16
DOIs	https://doi.org/10.1007/978-3-030-19107-8_8
Publication status	Published - 2020

Publication series

Name	International Series in Operations Research & Management Science
Volume	280

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

green capital
goodwill
optimal investment
Skiba curve

Access to Document

10.1007/978-3-030-19107-8_8

Cite this

Dawid, H., Hartl, R. F., & Kort, P. M. (2020). Dynamic models of the firm with green energy and goodwill with a constant size of the output market. In P. O. Pineau, S. Sigué, & S. Taboubi (Eds.), Games in Management Science: Essays in Honor of Georges Zaccour (pp. 131-146). (International Series in Operations Research & Management Science; Vol. 280). Springer. https://doi.org/10.1007/978-3-030-19107-8_8

Dawid, Herbert ; Hartl, Richard F. ; Kort, Peter M. / Dynamic models of the firm with green energy and goodwill with a constant size of the output market. Games in Management Science: Essays in Honor of Georges Zaccour. editor / P.O. Pineau ; S. Sigué ; S. Taboubi. Cham : Springer, 2020. pp. 131-146 (International Series in Operations Research & Management Science).

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abstract = "This paper analyzes a dynamic model of the firm. We focus on the effect of investment in green energy. We explicitly take into account that green energy has a positive side effect, namely that it contributes to the goodwill of the firm and thus increases demand. Different models are proposed and the solutions range from monotonic saddle point convergence to history-dependent Skiba behavior.",

keywords = "green capital, goodwill, optimal investment, Skiba curve",

author = "Herbert Dawid and Hartl, \{Richard F.\} and Kort, \{Peter M.\}",

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Dawid, H, Hartl, RF & Kort, PM 2020, Dynamic models of the firm with green energy and goodwill with a constant size of the output market. in PO Pineau, S Sigué & S Taboubi (eds), Games in Management Science: Essays in Honor of Georges Zaccour. International Series in Operations Research & Management Science, vol. 280, Springer, Cham, pp. 131-146. https://doi.org/10.1007/978-3-030-19107-8_8

Dynamic models of the firm with green energy and goodwill with a constant size of the output market. / Dawid, Herbert; Hartl, Richard F.; Kort, Peter M.
Games in Management Science: Essays in Honor of Georges Zaccour. ed. / P.O. Pineau; S. Sigué; S. Taboubi. Cham: Springer, 2020. p. 131-146 (International Series in Operations Research & Management Science; Vol. 280).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Scientific › peer-review

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T1 - Dynamic models of the firm with green energy and goodwill with a constant size of the output market

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AU - Kort, Peter M.

N1 - Publisher Copyright: © Springer Nature Switzerland AG 2020.

PY - 2020

Y1 - 2020

N2 - This paper analyzes a dynamic model of the firm. We focus on the effect of investment in green energy. We explicitly take into account that green energy has a positive side effect, namely that it contributes to the goodwill of the firm and thus increases demand. Different models are proposed and the solutions range from monotonic saddle point convergence to history-dependent Skiba behavior.

AB - This paper analyzes a dynamic model of the firm. We focus on the effect of investment in green energy. We explicitly take into account that green energy has a positive side effect, namely that it contributes to the goodwill of the firm and thus increases demand. Different models are proposed and the solutions range from monotonic saddle point convergence to history-dependent Skiba behavior.

KW - green capital

KW - goodwill

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DO - 10.1007/978-3-030-19107-8_8

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T3 - International Series in Operations Research & Management Science

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EP - 146

BT - Games in Management Science

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A2 - Taboubi, S.

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Dawid H, Hartl RF, Kort PM. Dynamic models of the firm with green energy and goodwill with a constant size of the output market. In Pineau PO, Sigué S, Taboubi S, editors, Games in Management Science: Essays in Honor of Georges Zaccour. Cham: Springer. 2020. p. 131-146. (International Series in Operations Research & Management Science). doi: 10.1007/978-3-030-19107-8_8

Dynamic models of the firm with green energy and goodwill with a constant size of the output market

Abstract

Publication series

UN SDGs

Keywords

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Cite this