Real options
Top PDF Real options:
The real options approach to valuation : challenges and opportunities
... Longstaf f and Schwartz (2001) developed a simulation approach to valuing American options. An American option gives its holder the right to exercise at multiple points in time (finite number) before its maturity ...
16
Real Options: A Tool for Managing Technical Risk in a Mine Plan
... in real life has already been ...apply real options analysis into short term mine planning by managing haulage routes to two different dumps, dependant of fuel price, which is also modeled as a mean ...
7
On the use of fuzzy real options hybrid simulation : analysis and interpretation
... fuzzy real options hybrid simulation to evaluate risky project is ...outlined. Real option values are estimated by Least Squares Monte Carlo simula- tion, capturing the value of managerial ...
54
How is corporate diversification coded into Real Options language? The interaction between growth options, diversification scope and relatedness
... growth options value. We adopt an options-based perspective, from which diversification is seen as both a materialization of current growth options exercise and a source of future options to ...
44
Valuation of patents and R&D projects using real options: a practical implementation
... Literature on financial option theor y applied to va- luation of projects (real options methodology) is re- latively abundant [see, for instance, Amram et al. (1999) and Copeland et al. (2000)]. However, ...
6
Optimal decision policy for real options under general markovian dynamics
... these options may be recognized in investment such as Research & Development, natural resources exploitation, production and manufacturing scheduling, ...of real options research, we refer to the ...
78
Applying real options in the TV Market : a simple framework for valuing flexibility
... on real options theory that supports decision-making under uncertainty by active managers in the television ...The real options framework (ROF) is used to maximize the profits of a television ...
49
A real options approach for joint overhaul and replacement strategies with mean reverting prices
... Real options has been used to model operational planning in volatile price environ- ...of real options from a maintenance perspective (Jin and Ni, ...a real options ...
51
Application of the real options approach to the appraisal of motorway concessions. The abandonment option.
... the real options approach need to assume a multiple dynamic series of decisions, where management has the flexibility to adapt given a change in the business ...the real option is negligible, the use ...
549
Technology-based startup valuation using real options with edgeworth expansion
... and real assets [16]. In real assets, real options theory helps us valuing the strategic flexibility contained in investment decisions, and calculating companies’ worth ...certain real ...
9
The Value of Corporate Diversification: an analysis through the real options lens
... competitive options, and the increase of complexity stemming from highly connected ...further options slows ...growth options, pre-emption weakens the option-creation process. Further options ...
232
Are Real Options a missing piece in the Diversification Value Puzzle?
... From a practical point of view, our study also has major implications for practitioners. We encourage financial analysts and scholars alike to examine diversification through the RO lens, which enlarges the focus on ...
40
Revista Contaduría y Administración
... of real options accessible to financial practitioners when Lenos Trigeorgis published his book Real Options, Managerial Flexibility, and Strategy in Resource ...with real options ...
30
Evaluación financiera con la metodología de opciones reales de una inversión para producir quitosano con base en desperdicio de camarón.
... Enterprises in modern economies face the challenge of being profitable and reducing their ecological impact. A scientific, technological and economic effort is being made to substitute petrol products for products ...
13
Four papers about the development, market concentration, mobility, profitability and factors influencing choice of entry mode in the hotel chains
... a real option arose from Myers (1977) when he related the concept of a financial option to a real ...With real options, the options involve “real” assets as opposed to financial ...
253
Evaluación financiera de proyecto de comercialización internacional de aguacate a través de la aplicación de opciones reales
... (real options approach o ROA), que, como ventaja principal, permite reducir los limitantes mencionados al considerar la toma de decisiones de la administración del proyecto frente a escenarios de ...
44
Planes ejecutivos de stock options en España
... Las Stock Options, como todo, tiene fortalezas y debilidades. Implica un gran esfuerzo, principalmente al principio cuando se diseña y se aplica el nuevo paquete, pero tiene grandes ventajas. Al poder enfatizar ...
49
Essays on Bargaining with Outside Options
... model where players may search for outside opportunities during the bar- gaining process. He shows that the outcome of the bargaining does not depend only on the players’ relative efficiency in searching, but also on how ...
109
ILLICIT DRUGS: SOCIAL IMPACTS AND POLICY OPTIONS
... Those opposing increased military involvement in drug control operations have a number of concerns. First, such policies work to strengthen the military at the expense of civilian governments. Especially in Latin ...
16