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Brazil is the world's largest producer of sugarcane, product with history and importance in the Brazilian agribusiness. The State of São Paulo is responsible for 50% of Brazilian production. Harvested area is estimated at 4.25 million hectares. The metropolitan region of Ribeirão Preto, in...
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impact the concessionaire's investment decisions regarding participation in the bidding process, the potential value of … values similar to those of a Real Option. The proposed model analyzes the investment option in a typical concession (call …
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The objective of the study is to present a model, based on the application of the Theory of Real Options (TRO), for the regulatory improvement of the methodology for calculating restitutions related to investments in reversible assets in the event of early termination of road concessions through...
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