[PDF] Top 20 Flexibility in the development of airports : a real options valuation

... class of computational algorithms that rely on repeated random sampling to compute their results and are especially useful in studying systems with a large number of coupled degrees of freedom ... See full document

... took the form of Design-Build-Finance- Operate (DBTO) ...throughout the country, the new highways would have the particularity of being “free of charge” for the ... See full document

... analyses the problem of replacement by investigating the optimal moment of investment replacement in a given tax environment with a given depreciation ...on the definition ... See full document

... applications of real options. The main goal of that paper was to explore the impact of aggregate volatility in the investment, including the effects ... See full document

... creasing the investment means to implement some of these ...most of them the optimal has not been achieved, the public authority may intend to hasten some of those investments ... See full document

... 27 The first one is the investment method, which is used to value commercial and investment ...model the expectations and behaviors of typical market participants, this approach is generally ... See full document

... models in finance theories, two models were found to be able to apply to valuing buyback options in football contracts, these models providing relatively meaningful ...buyback options that ... See full document

... on the CEMS Business Project developed this semester, which focused on answering the question “what manufacturing technologies does Embraer Compósitos have to develop within the next 8 years and how ... See full document

... (1977), Real Options have been object of study by several other authors and is giving a valuable contribution to the evolution of the area of Corporate Finance and Capital ... See full document

... is the epidemic COVID-19 that restricted the flow of passengers, either by travel restrictions, countries locked down or just goodwill or fear from the ...decrease of 80% around China ... See full document

... studied the impacts of the European Union Emission allowance Trading Scheme (EU ETS) on investment decisions in ...extended the traditional discounted cash flow analysis to take into ... See full document

... studied the impact of preemption on optimal timing games for an asymmetric oligopoly applied in the Brazilian aluminum cans market and showed that firms need to anticipate their investments ... See full document

... exploit the central issue of corporate diversification, and try to contribute to the already vast, and often contradictory, empirical ...reviewing the literature, exposing some of ... See full document

... on the shoulders of ...one of the very first ventures being financed through Venture Capital is as old as 1957, where American Research and Development Corporation (AR&D) invested ... See full document

... to the overall research question: “How can developers identify potential to attain a competitive advantage within the cyclical residential market that enables them to establish or maintain a competitive ... See full document

... for the pricing of n- dimensional options, these solutions are only applicable to some specific cases and do not evaluate such possibilities as the early exercise of American-style ... See full document

... to the results presented in Table 6, it is possible to conclude that the value of the option to defer represents, on average, about ...5.43% of the building sites’ total ... See full document

... history of privatizations in Portugal, like the one of the United Kingdom, is characterized by several phases that are marked and defined by the Governments and the ... See full document

... contract”. In 2003, Pinker and Larson argued that the sizes of regular and temporary labour are planning decision variables that can be adjusted by setting the number of workforce ... See full document

... Most of the studies addressing real options in the forest investment context have applied a single option ...harvesting options on adjacent forest stands are im- posed and ... See full document