𝔖 Bobbio Scriptorium
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Short-Term Generation Asset Valuation: A Real Options Approach

✍ Scribed by Tseng, Chung-Li; Barz, Graydon


Book ID
121816205
Publisher
INFORMS
Year
2002
Tongue
English
Weight
343 KB
Volume
50
Category
Article
ISSN
0030-364X

No coin nor oath required. For personal study only.


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To have a real option means to have the possibility for a certain period to either choose for or against making an investment decision, without binding oneself up front. The real option rule is that one should invest today only if the net present value is high enough to compensate for giving up the