Swinand, Gregory P.; Rufin, Carlos; Sharma, Chetan - In: Journal of Applied Corporate Finance 17 (2005) 2, pp. 55-67
This paper provides a detailed case of the application of real options valuation techniques to value a contract for the use of a power generation facility. The authors' aim is not primarily to offer a valuation "recipe" for a specific type of asset, but to show how the real options framework can...
