Managing tourism investment opportunitie
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Anastasios Michailidis
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Article
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2006
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John Wiley and Sons
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English
β 153 KB
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