Superiority of Monte Carlo simulation in valuing real options within public-private partnerships
Ales S. Berk, Dejan Podhraski
| Year of publication: |
February 2018
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|---|---|
| Authors: | Berk, Ales S. ; Podhraski, Dejan |
| Published in: |
Risk management : a journal of risk, crisis and disaster. - Basingstoke : Palgrave Macmillan, ISSN 1460-3799, ZDB-ID 2227982-9. - Vol. 20.2018, 1, p. 1-28
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| Subject: | Public-private partnership | Real options | Infrastructure projects | Capital budgeting decisions | Guarantees | Monte Carlo simulation | Geometric Brownian motion | Realoptionsansatz | Real options analysis | Öffentlich-private Partnerschaft | Monte-Carlo-Simulation | Infrastrukturinvestition | Infrastructure investment | Simulation | Optionspreistheorie | Option pricing theory | Stochastischer Prozess | Stochastic process | Investitionsrechnung | Investment appraisal techniques | Investitionsentscheidung | Investment decision |