Add to ORKGWe expose a real options theory as a tool for quantifying the value of the operating flexibility of real assets. Additionally, we have pointed out that this theory is an appropriated methodology for determining optimal operating policies, and provide an example of successful application of our approach to power industries, specifically to valuate the power plant of electricity. In particular by increasing the volatility of prices will eventually lead to higher assets values
As the transition to renewable energy sources progresses, their integration makes electricity produc...
Uncertainties in residential property investment performance require that real estate assets are des...
In this paper a real option approach for the valuation of real assets is presented. Two continuous t...
We expose a real options theory as a tool for quantifying the value of the operating flexibility of ...
summary:The real options approach interprets a flexibility value, embedded in a project, as an optio...
Real options, inherited from financial options, are a useful tool to manage risks, but also have the...
The paper deals with the inclusion of flexibility in financial decision-making under risk. It descr...
Valuing a project based on net present value does not easily capture the flexibility that the projec...
Post industrial organization puts premium on flexibility, and also on assets that confer flexibility...
Each corporate growth project is an option, in the sense that managers face choices--push ahead or p...
© ASEE 2007Proposed projects are often justified financially by using traditional discounted cash fl...
The initial chapters give an introduction to this concept of real options and talk on the different ...
Motivated by the potential use of electricity storage to smooth fluctuations in supply and demand, w...
As the transition to wind and solar progresses, the integration of renewable energy sources makes el...
This thesis investigates optimal investment in real options with the presence of regime switching an...
As the transition to renewable energy sources progresses, their integration makes electricity produc...
Uncertainties in residential property investment performance require that real estate assets are des...
In this paper a real option approach for the valuation of real assets is presented. Two continuous t...
We expose a real options theory as a tool for quantifying the value of the operating flexibility of ...
summary:The real options approach interprets a flexibility value, embedded in a project, as an optio...
Real options, inherited from financial options, are a useful tool to manage risks, but also have the...
The paper deals with the inclusion of flexibility in financial decision-making under risk. It descr...
Valuing a project based on net present value does not easily capture the flexibility that the projec...
Post industrial organization puts premium on flexibility, and also on assets that confer flexibility...
Each corporate growth project is an option, in the sense that managers face choices--push ahead or p...
© ASEE 2007Proposed projects are often justified financially by using traditional discounted cash fl...
The initial chapters give an introduction to this concept of real options and talk on the different ...
Motivated by the potential use of electricity storage to smooth fluctuations in supply and demand, w...
As the transition to wind and solar progresses, the integration of renewable energy sources makes el...
This thesis investigates optimal investment in real options with the presence of regime switching an...
As the transition to renewable energy sources progresses, their integration makes electricity produc...
Uncertainties in residential property investment performance require that real estate assets are des...
In this paper a real option approach for the valuation of real assets is presented. Two continuous t...