[PDF] Top 20 Real options valuation applied to transmission expansion planning

... value to the uncertain parameters that define the ...generation expansion, peak demand growth or fuel prices), cannot be accurately captured with a static probability distribution and are therefore more ... See full document

... generation expansion or fuel prices are dynamic in the sense that they evolve with ...possible to use past data to fit a probability distribution to describe their ...particular, ... See full document

... order to demonstrate the applicability of the method proposed to a larger case of a real-life size and its usefulness to obtain results that can be valuable in real-life decision making ... See full document

... attempts to make the theory of real options accessible to financial practitioners when Lenos Trigeorgis published his book Real Options, Managerial Flexibility, and Strategy in ... See full document

... proactive planning has been proven to lead to the most efficient investment and operation results, in practice, few jurisdictions have strictly applied this ...important to compare ... See full document

... sensitive to variations in traffic forecasts, rather than to the discount ...sense to analyze a bullish ...need to build more than one runway, and only one addi- tional module is needed at ... See full document

... cooperate to gain value and hence focuses on the allocation of value from cooperation (Folta and Miller, 2002, Holta et ...respect, real-options valuation is receiving increasing attention as ... See full document

... the transmission grid in the new low-carbon and region-wide coordinated electricity markets being created will be central to their ...institutions to have in place and the interactions among them, as ... See full document

... band, to be higher than unity (see Chapter 2 , Section 2 ...corresponding to the two central frequency bands of 500 Hz and 2000 ...be applied to it, but that the ED model is not even a ... See full document

... opción real hace viable el proyecto, a la vez que desarrolla herramientas que ayudan a trabajar este tipo de casos en las valoraciones de proyectos pertenecientes al sector ... See full document

... willing to pay above the market ...value to be ...access to more information about the firm before committing a large investment on a controlling ...access to a different kind of ...worth ... See full document

... equal to the levelized operation, maintenance and fuel costs of the Energy Information Administration [40], converted using ex- change rates and average carbon emission factors of the Interna- tional Energy Agency ... See full document

... algorithm to solve the problem under nodal demand ...used to estimate the reliability of the ...horizon planning model which was solved using continuous constrained nonlinear programming ...were ... See full document

... called to play a crucial ...order to exploit space diversity, spatial multiplexing and beamforming to achieve better levels of reliability and ...remain to develop the adequate antenna ... See full document

... The system integrates hardware and software and works based on a battery of tests which, by means of controlled stimuli measure the patient’s answer to heat and cold. It should be noticed that these stimuli can be ... See full document

... Los modelos de depreciación aplicados en la valuación de bienes inmuebles Abstract The theme of the project below is for “depreciation models applied in the real estate valuation ” This project was de[.] ... See full document

... contributed to the creation of this ...pleasure to extend my special thanks to my mentors Michel Rivier and Fernado de Cuadra for their incredible patience and tremendous support throughout my ... See full document

... Utilizando la metodología tradicional de evaluación de proyecto se había obtenido un VPN positivo que, a la luz de la teoría financiera, hacía viable su ejecución; sin embargo, el desconocimiento de la teoría de las ... See full document

... down to a null value when the patent expires. A Monte Carlo approach to solve the model equa- tions is ...complex options valuation is programmed, taking account of the stochastic na- ture of ... See full document

... approach to valuing American ...right to exercise at multiple points in time (finite number) before its maturity ...shown to be an ef ficient estimator of the conditional expectation ...solving ... See full document