Secomandi, Nicola; Seppi, Duane J. - In: Foundations and Trends(R) in Technology, Information … 6 (2014) 3-4, pp. 161-331
managed as real options on the underlying commodity prices. Merchant operations is an integrated trading and operations … unique integrated finance and operations perspective on the topic of merchant operations. In particular, this monograph … introduces the concept of merchant operations; presents the basic principles of option valuation; surveys foundational models of …