Price Uncertainty, Operating Flexibility, and Payout Policy
Grant Data
Project Title
Price Uncertainty, Operating Flexibility, and Payout Policy
Principal Investigator
Dr Schmid, Thomas
(Principal Investigator (PI))
Duration
36
Start Date
2016-09-01
Amount
517000
Conference Title
Price Uncertainty, Operating Flexibility, and Payout Policy
Presentation Title
Keywords
electricity prices, operating flexibility, payout policy, price uncertainty, weather
Discipline
Finance
Panel
Business Studies (B)
HKU Project Code
27504116
Grant Type
Early Career Scheme (ECS)
Funding Year
2016
Status
Completed
Objectives
1 analyze the impact of price uncertainty on payout policy 2 provide identification based on weather-based instrumental variables for price uncertainty 3 explore how operating flexibility affects the impact of price uncertainty on payout policy.