Michele Moretto

Learn More
The estimation and policy use of spatially explicit discrete choice models has yet to receive serious attention from practitioners. In this study we aim to analyze how geographical variables influence individuals' sensitivity to key features of heating systems, namely investment cost and CO 2 emissions. This is of particular policy interest as heating(More)
We examine the effect of competition on investment decisions in an industry in which each firm has a completely irreversible investment opportunity and the product market has positive externalities for a small market size and negative externalities for a large market size. In the latter case, which corresponds to the traditional competitive industries,(More)
  • 1