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This study determines the entry and exit thresholds of table grape farming with irreversible investment under uncertainty. Real option approach is adopted to consider the investment and management flexibility. Also revenue insurance is introduced to consider the effect of the risk management...
Persistent link: https://www.econbiz.de/10005338340
This study determines the entry and exit thresholds of table grape farming with irreversible investment under uncertainty. Real option approach is adopted to consider the investment and management flexibility. Also revenue insurance is introduced to consider the effect of the risk management...
Persistent link: https://www.econbiz.de/10009443585
The IFAMR is the official journal of IFAMA. www.ifama.org
Persistent link: https://www.econbiz.de/10010909697