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...
Main Author: | Schöne, Max (Author) |
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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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