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Estimation of volatility of financial time series plays a crucial role in pricing derivatives. Volatility is often estimated from historical data; however, it is well known that volatility varies in time. We propose a method to choose a suitable length of historical data to estimate contemporary...
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The power-generation industry offers numerous opportunities to apply real options. This paper uses current empirical market data to estimate the value of flexibility in the Czech energy sector, which can serve to compare available technologies, and support various investment decisions. The model...
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Energy, or renewable energy sources, is currently a frequently discussed topic. This paper focuses mainly on the economics of photovoltaic energy, specifically valuation of this technology. First, photovoltaic power systems are described, followed by a description of the method of analysis of...
Persistent link: https://www.econbiz.de/10009294291
The Czech Council for R&D developed a new version of the Methodic for the Evaluation of R&D. In this paper, we discuss … journals - evaluation of publications with more authors. The first criterion ignores the birth of a new interdisciplinary … provide information about two methodic for the evaluation of R&D institutions used in the world. In conclusions, we summarize …
Persistent link: https://www.econbiz.de/10005698711