Valuation of Ihe investment projects is very serious in every dimen.sion. Convenlional discounted ca.sh flow techniques are usually insufficient since these techniques faii to account tor the (lexibility in business decisions and violations occur as a result of the existing uncertainty in projects. Real option valuation methods overcome this problem with its efficient and flexible nature. Finan...

Meta-analysis has increasingly been used to synthesise the environmental valuation literature, but only a few test the use of these analyses for benefit transfer. These are typically based on national studies only. However, meta-analyses of valuation studies across countries are a potentially powerful tool for benefit transfer, especially for environmental goods where the domestic literature is...

This paper aims to contribute to the development of valuation models for long-term investments while keeping an eye on market prices. The adopted methodology is rooted on the existence of markets for futures and options on commodities related to energy investments. These markets are getting ever-increasingly liquid with ever-longer maturities while trading contracts. We discuss the advantages o...

The notion of “value” has always been a subjective and contentious issue. Indeed, Value is in the eye of the beholder. There are varied methods and practices for valuing property, as there are industries in which they are applied. For example, there are “replacement value”, “insurance value, “salvage value”, “appraised value”, “book value” and “fair market value”, to name a few, although in the...

Development of downstream operations in the Iran's petroleum industry has always been considered as a necessity in to create more value-added. One of ways to accomplish the misson, especially in the current situation, is exploiting the capacity of petroleum startups. Considering that these companies need to be valued for financing, and since the traditional valuation methods do not provide effi...

Constructed wetlands (CWs) are nature-based solutions that utilize natural vegetation, soils, and microbes to treat domestic wastewater industrial effluents. They engineered treatment systems mimic the functions of capture stormwater, reduce nutrient loads, create diverse wildlife habitats. Providing these monetary non-monetary benefits, its implementation has grown in several applications geog...

In this paper we show how cost-benefit analysis can be used as a decision support mechanism for the location of new (urban) forest land, starting from the multifunctional role of these new forests. We start with a simple presentation of the cost-benefit analysis (CBA) technique. Key features of this evaluation technique are that (i) all – both positive and negative impacts for all relevant part...

announce their intent to support a special awards competition opening in fiscal year 2002. For this awards competition, the EPA and the NSF are jointly soliciting grant applications that focus on the Decision-Making and Valuation for Environmental Policy (DMVEP) research area. The online announcement of the DMVEP awards competition and application forms are available at http://es.epa. gov/ncer/...