3 citations · 3 across the 7 of their papers we have counts for
7 papers
Forward Hedging Reshapes Incentive Provision
René Aïd, Nizar Touzi, Stéphane Villeneuve
We study how forward hedging reshapes incentive provision inside the firm. We consider a risk-averse producer facing demand and production risk that can either operate in-house or…
Competition and Incentives in a Shared Order Book
René Aïd, Philippe Bergault, Mathieu Rosenbaum
Recent regulation on intraday electricity markets has led to the development of shared order books with the intention to foster competition and increase market liquidity. In this p…
Exit Incentives for Carbon Emissive Firms
René Aïd, Xiangying Pang, Xiaolu Tan
We develop a continuous-time model of incentives for carbon emissive firms to exit the market based on a compensation payment identical to all firms. In our model, firms enjoy prof…
Emission impossible: Balancing Environmental Concerns and Inflation
René Aïd, Maria Arduca, Sara Biagini +1
We provide a theoretical framework to examine how carbon pricing policies influence inflation and to estimate the policy-driven impact on goods prices from achieving net-zero emiss…
A Principal-Agent Model for Optimal Incentives in Renewable Investments
René Aïd, Annika Kemper, Nizar Touzi
We investigate the optimal regulation of energy production in alignment with the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to fos…
Nonzero-sum stochastic impulse games with an application in competitive retail energy markets
René Aïd, Lamia Ben Ajmia, M'hamed Gaïgi +1
We study a nonzero-sum stochastic differential game with both players adopting impulse controls, on a finite time horizon. The objective of each player is to maximize her total exp…
Equilibrium price in intraday electricity markets
René Aid, Andrea Cosso, Huyên Pham
We formulate an equilibrium model of intraday trading in electricity markets. Agents face balancing constraints between their customers consumption plus intraday sales and their pr…