Bacchini, Roberto Darío and Garcia-Fronti, Javier and Marquez, Ezequiel (2007): VALUACIÓN DE UN PROYECTO DE INVERSIÓN UTILIZANDO OPCIONES REALES BORROSAS.
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Abstract
This paper is an example of project valuation using fuzzy real options methodology. It is based on the previous work by Carlsson y Fullér (2000).
Item Type: | MPRA Paper |
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Original Title: | VALUACIÓN DE UN PROYECTO DE INVERSIÓN UTILIZANDO OPCIONES REALES BORROSAS |
English Title: | Project Valuation Using fuzzy Real Options |
Language: | Spanish |
Keywords: | fuzzy real options |
Subjects: | G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill |
Item ID: | 6443 |
Depositing User: | Javier Garcia-Fronti |
Date Deposited: | 24 Dec 2007 09:33 |
Last Modified: | 28 Sep 2019 14:29 |
References: | Bacchini, R. D.; Míguez, D. F.; García Fronti, J. I.; Rey, S. A. (2004) Ingeniería Financiera. Futuros y Opciones utilizando Microsoft Excel. Omicron System. Argentina. Bacchini, D., García Fronti, J. y Márquez E. (2006), Evaluación de Inversiones con Opciones Reales, Omicron Editorial. Bernardello, A. M.Casparri, Javier García Fronti, R. Gotelli y M. Rodriguez (2005) Matemática financiera, Omicron, Buenos Aires. Benaroch, M. (2001). “Option-Based Management of Technology Investment Risk”, IEEE Transactions on Engineering Management, 48 (2), pp. 428-444. Benaroch, M. (2002). “Managing Information Technology Investment Risk: A Real Option Perspective”, Journal of Management Information Systems, 19 (2), pp. 43-84. Benaroch, M. and R. J. Kauffman (1999). “A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investments”, Information System Research, 10 (1) (March 1999), pp. 70-86. Black, F. and M. Scholes (1973). “The pricing of options and corporate liabilities”, Journal of Political Economy, 81, 637-659. Copeland, Tom y Antikarov, Vladimir ( 2001) Real Options. A practitioner’s guide. Texere. USA. Carlsson, C. and R. Fullér (2000) “On fuzzy real option valuation” Turku Centre for Computer Science Technical Report No 367. Finland. Carlsson, C. and P. Majlender (2005) “On Fuzzy Real Option Valuation”, working paper presented at the 9th Annual International Conference on Real Options - Paris, France Dixit, A. K. and R. S. Pindyck (1994). “Investment under Uncertainty”. Princeton, N.Y.: Princeton University Press. Hull, J. C. (2000). Options, Futures & Other Derivatives. New York: Prentice-Hall. Fourth Edition Merton, R. (1973). “Theory of rational option pricing”, Bell Journal of Economics and Management Science, 4, 141-183. Merton, R. (1976). “Option pricing when underlying stock returns are discontinuous”, Journal of Financial Economics 3, 125-144. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/6443 |