Valuing Flexibility Phase II
نویسندگان
چکیده
..................................................................................................... 3 Table of
منابع مشابه
Valuing flexibility in demand-side response: A real options approach
The investment interests in the electricity industry are transmitted through various mechanisms to other economic activities. This paper considers methods for esteeming the adaptability of demand-side response (DSR) in its capacity to react to future uncertainties. The capacity to evaluate this adaptability is particularly critical for vitality frameworks speculations given their extensive and ...
متن کاملA Comparative Study of Real Options Valuation Methods: Economics-Based Approach vs. Engineering-Based Approach
It has been expected that the option valuation theory will play a much more significant role in the real estate analysis. However, potentially because of the need for understanding the advanced financial theories, the real options analysis has not been fully used in the real world. In order to attack this problem, it is highly desired to create a more practical and easily understandable calcula...
متن کاملValuing Real Options in Incomplete Markets
In this paper, we develop a framework for valuing real options and portfolios of real options in incomplete markets and show that it is a consistent generalization of contingent claims analysis, which is conventionally used for real option valuation in complete markets. The development of a framework for incomplete markets is motivated by the difficulty to construct replicating portfolios in pr...
متن کاملFlexibility of Hydrogen Bond and Lowering of Symmetry in Proton Conductor
In order to investigate why crystal symmetry lowers with increasing temperature by phase transition of TII–III (=369 K) in Cs3H(SeO4)2, in spite of the fact that crystal symmetry in the high-temperature phase of many ionic conductors becomes higher by the phase transition, we have studied the relation between the change in crystal symmetry and the appearance of proton motion. It was found from ...
متن کامل