Année : 2019

Signaling Trustworthiness with Impact Investments: An Experimental Study

Mardi | 2019-01-22 Salle des thĂšses 16h – 17h20 Graciela KUECHLE – Luise ROHLAND Entrepreneurs may differentiate their ventures and attract investments by advertising that their firm produces positive externalities for society. Such signaling of entrepreneurs’ trustworthiness may be a prevalent practice in these “impact investment’’ opportunities. This paper investigates theoretically this possible signaling and it studies the interplay of altruistic, fiscal, and reputational motives in a laboratory experiment. In the experiment, entrepreneurs choose between a conventional investment opportunity or […]

Capturing industrial CO2 emissions in Spain: Infrastructures, costs and break-even prices

Mardi | 2019-01-08 Salle des thĂšses 16h – 17h20 Olivier MASSOL – StĂ©phane TCHUNG-MING – Albert BANAL-ESTANOL This paper examines the conditions for the deployment of large-scale pipeline and storage infrastructure needed for the capture of CO2 in Spain by 2040. It details a modeling framework that allows us to determine the optimal infrastructure needed to connect a geographically disaggregated set of emitting and storage clusters, along with the threshold CO2 values necessary to ensure that the considered emitters will […]