## Abstract Real options analysis is a promising approach to model investment under uncertainty. We employ this approach to value stockpiling of antiviral drugs as a precautionary measure against a possible influenza pandemic. Modifications of the real options approach to include risk attitude and
Access pricing and investment: a real options approach
β Scribed by Fernando T. Camacho; Flavio M. Menezes
- Publisher
- Springer US
- Year
- 2009
- Tongue
- English
- Weight
- 218 KB
- Volume
- 36
- Category
- Article
- ISSN
- 0922-680X
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This paper provides an empirical example of the valuation of real options in a largescale tourism project. The main aim of this article is to elaborate the investment decision process in the evaluation of a ski centre enlargement project by employing elements of the real options methodology. Monte C
In this work we analyze the value of an Asian arithmetic option with an approach different from that used by Geman and Yor with Bessel processes in 1993. We obtain the same solution of the valuation problem, without using any previous results based on Bessel processes; by means of partial differenti