THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES

This paper provides an overview of the real options approach to valuation mainly from the point of view of the author who has worked in this area for over 30 years. After a general introduction to the subject, numerical procedures to value real options are discussed. Recent developments in the valua...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: SCHWARTZ,EDUARDO
Lenguaje:English
Publicado: Pontificia Universidad Católica de Chile. Instituto de Economía. 2013
Materias:
Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200001
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:scielo:S0719-04332013000200001
record_format dspace
spelling oai:scielo:S0719-043320130002000012014-01-29THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIESSCHWARTZ,EDUARDO Real options This paper provides an overview of the real options approach to valuation mainly from the point of view of the author who has worked in this area for over 30 years. After a general introduction to the subject, numerical procedures to value real options are discussed. Recent developments in the valuation of complex American options has allowed progress in the solution of many interesting real option problems. Two applications of the real options approach are discussed in more detail: the valuation of natural resource investments and the valuation of research and development investments.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.50 n.2 20132013-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200001en
institution Scielo Chile
collection Scielo Chile
language English
topic Real options
spellingShingle Real options
SCHWARTZ,EDUARDO
THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
description This paper provides an overview of the real options approach to valuation mainly from the point of view of the author who has worked in this area for over 30 years. After a general introduction to the subject, numerical procedures to value real options are discussed. Recent developments in the valuation of complex American options has allowed progress in the solution of many interesting real option problems. Two applications of the real options approach are discussed in more detail: the valuation of natural resource investments and the valuation of research and development investments.
author SCHWARTZ,EDUARDO
author_facet SCHWARTZ,EDUARDO
author_sort SCHWARTZ,EDUARDO
title THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
title_short THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
title_full THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
title_fullStr THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
title_full_unstemmed THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
title_sort real options approach to valuation: challenges and opportunities
publisher Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate 2013
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200001
work_keys_str_mv AT schwartzeduardo therealoptionsapproachtovaluationchallengesandopportunities
AT schwartzeduardo realoptionsapproachtovaluationchallengesandopportunities
_version_ 1714206732240027648