Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 8 of 8 for “"real options model"”.
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A streamlined real options model for Real Estate Development
This thesis introduces a streamlined model that incorporates the value of the real options that exist in real estate development projects. Real options add value to a project by providing developers with flexibility to minimize downside risk or take advantage of upside potential as conditions …
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Dynamic Investment Models, Employment Generation and Productivity – Evidence from Swedish Data
… shocks and uncertainty on capital and labor in a real options model with variable capacity utilization This study analyzes the effects of uncertainty on investment, capital use and labor demand, in both the short run and the long run, in dynamic capital models where firms have incentives not to …
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Flexible system development strategies for the Chuo Shinkansen Maglev Project : dealing with uncertain demand and R&D outcomes
… background, this thesis develops a quantitative model that is appropriate for evaluating the Chuo Shinkansen Project. More specifically, this thesis applies the hybrid real options model, which is suitable for appraising projects with both market risks and R&D risks, in an innovative manner, …
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Investment, Uncertainty, and the Impact of Real Options
… long term volatility from firm specific equity options contracts. The firm specific measure is also averaged by industry and time period to form an industry average measure. The second stage estimation is a log linear investment equation in which firm capital expenditure is regressed on the …
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Game theory and real options : analysis of land value and strategic decisions in real estate development
… investigates the use of the game theory and the real options theory in real estate development at the strategic level, trying empirically to explain different economic observations among different metropolitan cities and different property types. The real options theory provides a rich …
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Real options and strategic interactions in imperfectly competitive markets
… and Ankum (1993), and others have observed, an options-based approach to strategic investment needs to be considered from the perspective of competitive market structures. The models in this thesis show the synergies obtainable when real options ideas are embedded in industrial organisation-type …
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Three essays on financial economics
… with measurable consequences for firms' real outcomes and survival probability. A firm with direct and indirect access to government credit (through its customers or suppliers) observed a 12.5% greater survival probability, vis-`a-vis 4% when the firm has only direct access. Critically, …
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Rescaling Capital: The Potential of Small-Scale and Mass-Produced Physical Capital in the Energy and Materials Processing Industries
… in a given market. The introduction herein of a real options model aims to quantify this flexibility. Among other applications, the introduced framework can be deployed to estimate the critical investment cost to render a small-scale solution competitive with a large-scale counterpart of known …