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Showing 1 to 6 of 6 for “"Sequential investment"”.

  1. Sequential investment planning for complex oil development projects

    In this thesis, we consider sequential real investment decisions for the development of discovered oil prospects. Following a decision analysis approach, we propose a methodology to explore the upside of a dynamic drilling strategy, where there is a significant uncertainty about the reservoir …

    mit Repository record for Sequential investment planning for complex oil development projects (opens in a new tab)

  2. Approximate value iteration approaches to constrained dynamic portfolio problems

    … portfolio problem where an investor makes sequential investment decisions with the goal of maximizing expected terminal wealth. We allow non-standard utility functions and constraints upon the portfolio selections at each time. These problem formulations may be computationally difficult to …

    mit Repository record for Approximate value iteration approaches to constrained dynamic portfolio problems (opens in a new tab)

  3. Optimal subsidy policy to promote building energy efficiency under uncertainty : the case for architectural design subsidies

    … of subsidies in incentivizing energy efficiency investment using a real option framework. I generalize a model of a sequential investment project involving two stages, design and construction stage, and investment lags and incorporate explicit consideration of dynamic subsidies. I apply this …

    mit Repository record for Optimal subsidy policy to promote building energy efficiency under uncertainty : the case for architectural design subsidies (opens in a new tab)

  4. Essays on real options and strategic behaviour.

    … and irreversibility into the making of the investment decision. The primary purpose of this study is to extend the contingent claim approach by introducing a strategic dimension into the investment decision. In particular we focus on the case where an investor may be preempted by one or more …

    cambridge

  5. Message passing algorithms - methods and applications

    … proceed with an application of Sum-Product BP in sequential investment. We combine various insights from universal portfolios research in order to construct more sophisticated algorithms that take into account transaction costs. In particular, we use the insights of Blum and Kalai's transaction …

    uiuc Repository record for Message passing algorithms - methods and applications (opens in a new tab)

  6. Brownian motion and multidimensional decision making

    … problem of alternatives", considers parallel investment in alternative technologies or drugs developed over time, where there can be only one winner. Parallel investment accelerates the search for the winner, and increases the winner's expected performance, but is also costly. To determine …

    cambridge Repository record for Brownian motion and multidimensional decision making (opens in a new tab)