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Concession length and investment timing flexibility
Alpaos, Chiara D. (contributor); Dosi, Cesare (contributor);  … - 2005
Persistent link: https://www.econbiz.de/10003358901
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Investing in biogas : timing, technological choice and the value of flexibility from inputs mix
Di Corato, Luca; Moretto, Michele - 2009
In a continuous-time framework we study the technology and investment choice problem of a continuous co … flexible technology allowing for such option. Investment is irreversible and flexibility is costly. The problem is solved … determining in the light of future prospects the optimal revision and then playing backward fixing the investment timing rule …
Persistent link: https://www.econbiz.de/10008823907
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Procurement with unenforceable contract time and the law of liquidated damages
Dosi, Cesare; Moretto, Michele - 2012
Time overruns are common in public works and are not confined to inherently complex tasks. One explanation advanced in this paper is that bidders can undergo unpredictable changes in production costs which generate an option value of waiting. By exploiting the real-option approach, we examine...
Persistent link: https://www.econbiz.de/10009565538