International outsourcing when labour markets are unionized

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European CO2 prices and carbon capture investments (2008, background): “Speci…cally, following Insley [ 19 ], it is governed by a Geometric Brownian Motion (GBM):20”
Valuation of energy storage: an optimal switching approach (2010, background): “Another application area is emissions trading (Insley 2003).”
A novel modeling based real option approach for CCS investment evaluation under multiple uncertainties (2014, background): “Based on the previous research [3,8,22–24], it is reasonable to assume that carbon price process is a stochastic process with a certain amount of volatility and drift [25].”
The flexible Danish Labour Market: A Review (2005, unknown): “Skaksen (2004) maintains that the possibility of outsourcing in itself can have a disciplining effect in connection with collective bargaining, because wage restraint becomes an alternative to outsourcing of production.”