نتایج جستجو برای: real options

تعداد نتایج: 616466  

2006
NIKOLAOS GEORGIOPOULOS

2011
Sorin R. Straja

Most investment decisions present the following three characteristics: • Irreversibility: The investment is partially or completely sunk, i.e. it cannot be recovered. • Uncertainty: The best that can be done is to assess the probabilities of the alternative outcomes that can imply larger or smaller profits. • Timing: The decision can be postponed in order to get more information (but never comp...

2006
NICOS D SAVVA STEFAN SCHOLTES

We study partnership contracts under uncertainty but with clauses that admit downstream flexibility. The focus is on effects of flexibility on the synergy set, the core, of the contract. In a partnership context the value of flexibility is captured by the partners who own the right to exercise. On one side, there are cooperative options, which are exercised jointly and in the interest of maximi...

Journal: :Journal of Optimization Theory and Applications 2010

Journal: :The Engineering Economist 2007

Investment in renewable energies especially solar energies encounters numerous uncertainties considering the increased dynamism in economic and financial conditions. It is thus important to use modern methods of economic appraisal for such investments. Our study provides a framework for use of the real option theory for economic appraisal of a 2MW photovoltaic plant in Isfahan province (as a ca...

Journal: :SSRN Electronic Journal 2007

Journal: :Recherches économiques de Louvain 2009

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