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Scenarios, Real Options and Integrated Risk Management

✍ Scribed by Kent D. Miller; H.Gregory Waller


Book ID
117177370
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
133 KB
Volume
36
Category
Article
ISSN
0024-6301

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Long-term risk management of nuclear was
✍ Henri LoubergΓ©; StΓ©phane Villeneuve; Marc Chesney πŸ“‚ Article πŸ“… 2002 πŸ› Elsevier Science 🌐 English βš– 313 KB

In this paper, we investigate the optimal timing for deep geological disposal of nuclear waste. Our model is based on the real options approach to investment under uncertainty. In this context, the problem is similar to the optimal exercise policy for a perpetual American spread option. The potentia