Real Options Valuation The Importance of Stochastic Process Choice in Commodity Price Modelling /

The Author shows that modelling the uncertain cash flow dynamics of an investment project deserves careful attention in real options valuation. Focusing on the case of commodity price uncertainty, a broad empirical study reveals that, contrary to common assumptions, prices are often non-stationary a...

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Bibliographic Details
Main Author: Schöne, Max (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2015.
Series:BestMasters
Subjects:
Online Access:Full Text via HEAL-Link

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