Real Options Approach (ROA)
A real options approach for joint overhaul and replacement strategies with mean reverting prices
... a real options approach and a mean reversion bi- nomial model to represent the uncertainty in ...a real options model and use a backwards recursion algorithm to determine an optimal ...
51
Application of the real options approach to the appraisal of motorway concessions. The abandonment option.
... the options every company has when they face capital investment ...the real options approach is the extension of the theory of financial options to the valuation of options on ...
549
The real options approach to valuation : challenges and opportunities
... Schwartz (2004) proposes a methodology to quantify the value of a single R&D project that is patent-protected. Equivalently, the approach aims to determine the price of the patent. Taking into consideration ...
16
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
Real time stable identification: A Nehari/SOS approach
... Adaptive identification algorithms have been used in the area of adaptive control systems for a very long time, both for feedback (FB) and/or feedforward (FF) approaches ([1], [2]). Usually for simplicity and ...
7
Applying real options in the TV Market : a simple framework for valuing flexibility
... third approach in which the number of episodes of each program is considered to be variable and is optimized to respond, in an already running schedule, to continual changes in program ratings by extending ...
49
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 ...
44
Valuation of patents and R&D projects using real options: a practical implementation
... — A first investment stage is introduced, defined by its deterministic nature, with fixed estimated to- tal cost and a maximum yearly investment rate. This consideration is made upon fairly common budgeting decisions ...
6
A cognitive approach to real-time rescheduling using SOAR-RL
... continuously real-time information from the shop-floor envi- ronment, the manufacturing system and the individual product configuration through abstract sensors, rescheduling component can gain experience in order ...
10
The Value of Corporate Diversification: an analysis through the real options lens
... (2002) ascribe a significant role of growth opportunities when accounting for the diversification discount: unisegment firms have more options to expand whereas diversified firms may have exhausted part of these. ...
232
Un siglo de Augusto Roa Bastos (1917 2017)
... Bella e inspiradora de bellezas artísticas, Sui se eleva desde su modesta con- dición de huérfana hacia la cámara del insondable y más peligroso poder. Nos condena a eterna zozobra aquella aventura de la belleza femenina ...
220
Ictiólogos de la Argentina: Blas Héctor Roa
... Brandhorst, W; J. P. Castello; R. Perez Habiaga & B. H. Roa. 1971. Evaluación de los recursos de anchoita (engraulis anchoita) frente a la Argentina y Uruguay. IV. Abundancia relativa entre las latitudes 34º ...
23
Straight forward and robust new method to price American options by simulation : a probability distribution function approach
... American options using the characteristics implied on the conditional probability distribution function (expectation function) of each stochastic process imple- mented to describe the behavior of the underlying ...
74
Technology-based startup valuation using real options with edgeworth expansion
... with options at initial moment is obtained applying equation ...coefficients. Real option value (ROV) is the difference between project actual value with options Vt and project value without ...
9
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
Are Real Options a missing piece in the Diversification Value Puzzle?
... increasingly diversified, the value of resources and skills is leveraged as these may be redeployed in multiple and different growth options embedded to each of its diversified businesses (Vassolo et al., 2004). ...
40
Four papers about the development, market concentration, mobility, profitability and factors influencing choice of entry mode in the hotel chains
... With a management contract, the hotel chain has full operational control over earnings and expenditure, but the financial burdens (and even the responsibility for meeting any operational costs) are the owner’s. In the ...
253
On the use of fuzzy real options hybrid simulation : analysis and interpretation
... A relevant inconvenience of the previous approach resides on the fact that all the re- sulting information is fuzzy, which difficult a direct interpretation by the decision maker (DM). Besides choosing a suitable ...
54
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