Quantitative geologic risk evaluation and expected net present value evaluation in JNOC's projects.

Expected net present value, expected net future value, and the Ramsey rule

Weitzman (1998) showed that when future interest rates are uncertain, using the expected net present value implies a term structure of discount rates that is decreasing to the smallest possible interest rate. On the contrary, using the expected net future value criteria implies an increasing term structure of discount rates up to the largest possible interest rate. We reconcile the two approach...

Expected net present value , expected net future value , and the Ramsey rule Christian

Weitzman (1998) showed that when future interest rates are uncertain, using the expected net present value implies a term structure of discount rates that is decreasing to the smallest possible interest rate. On the contrary, using the expected net future value criteria implies an increasing term structure of discount rates up to the largest possible interest rate. We reconcile the two approach...

Expected Net Present Value of Sample Information

Maximising the Net Present Value of Large Resource-Constrained Projects

The Resource-constrained Project Scheduling Problem (Rcpsp), in which a schedule must obey resource constraints and precedence constraints between pairs of activities, is one of the most studied scheduling problems. An important variation of this problem (RcpspDc) is to find a schedule which maximises the net present value (discounted cash flow). Large industrial applications can require thousa...

Modified-Decoupled Net Present Value: The Intersection of Valuation and Time scaling of Risk in Energy Sector

Although the practical importance of investment analysis in long-term energy investments is well understood, choosing the proper method has always been a dilemma. In this regard, classic evaluation methods, with a history of almost a century, are mostly favored, but using them in the valuation of long-lasting energy projects has particular shortcomings, nevertheless. The drawbacks mainly stem f...