Lund, Diderik; Nymoen, Ragnar - 2013 - This version, May 27, 2013
identified as three significant breaks. -- real options ; oil ; volatility ; CAPM ; comparative statics … volatility need not be increased value and postponed investment. This depends on signs of correlations and what parameters are … held constant. For real options, the rate-of-return shortfall may change. The CAPM is commonly used to determine this. In …
