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incertidumbre a través de la aplicación de opciones reales en la evaluación de inversiones en proyectos mineros. Asimismo, se … es que evaluar proyectos mediante el enfoque de opciones reales permite valorizar —en su real magnitud— los beneficios … metodología de valorización a través de opciones reales posibilita estructurar el pensamiento estratégico. …
Persistent link: https://www.econbiz.de/10011859390
Ethanol crush spreads are used to model the value of a facility which produces ethanol from corn. A real option analysis is used to investigate the effects of model parameters on the related managerial decisions of (i) how to operate the facility through optimal switching from idled to...
Persistent link: https://www.econbiz.de/10010868724
financial terms, the value of an interconnector is the same as a strip of real options written on the spread between power …-reverting jump process and express the value of these real options in closed-form. The valuation tool is applied to five pairs of …
Persistent link: https://www.econbiz.de/10011039669
-to-market characteristics. We model two primitive assets: value assets and growth assets that are options on assets in place. The cost of option … place. Consequently, growth options are less risky than value assets, and the model features a value premium. Our model …
Persistent link: https://www.econbiz.de/10010616813