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
โฆ LIBER โฆ
STRATEGIC QUALITY CHOICE UNDER UNCERTAINTY: A REAL OPTIONS APPROACH
โ Scribed by GRZEGORZ PAWLINA; PETER M. KORT
- Book ID
- 111042789
- Publisher
- John Wiley and Sons
- Year
- 2010
- Tongue
- English
- Weight
- 203 KB
- Volume
- 78
- Category
- Article
- ISSN
- 1463-6786
No coin nor oath required. For personal study only.
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Reserve estimation is a key to find the correct NPV in a mining project. The most important factor in reserve estimation is the metal price. Metal price fluctuations in recent years were exaggerated, and imposed a high degree of uncertainty to the reserve estimation, and in consequence to the whole