Real option theory

Ebook "Introduction to stochastic calculus for finance: A new didactic approach" presents a quick (but by no means "dirty") road to the tools required for advanced finance in continuous time, including option pricing by martingale methods, term structure models in a HJM-framework and the Libor market model. The reader should be familiar with elementary real analysis and basic probability theory.

144p loivantrinh 29-10-2023 10 3   Download

Ebook "Graph databases" includes content: Introduction, options for storing connected data, data modeling with graphs, building a graph database application, graphs in the real world, graph database internals, predictive analysis with graph theory.

238p haojiubujain07 20-09-2023 6 3   Download

Continued part 1, part 2 of ebook "Business risk management: Models and analysis" provides readers with contents including: Chapter 6 - Understanding risk behavior; Chapter 7 - Stochastic optimization; Chapter 8 - Robust optimization; Chapter 9 - Real options; Chapter 10 - Credit risk; Appendix A - Tutorial on probability theory; Appendix B - Answers to even-numbered exercises;...

204p hanlinhchi 28-08-2023 4 4   Download

The major purpose of this dissertation is to test the practical applicability of RO theory through valuation of flexibility using selected case studies from the Australian residential property development market to either support or oppose the adoption of RO theory for property development decision making in practice.

371p runthenight04 02-02-2023 5 2   Download

This paper analyzes the impact of economic policy uncertainty on real estate development at the macro level in China. Using the Economic Policy Uncertainty (EPU) Index released by Baker et al. (2016), we find that EPU has a leading and negative effect on real estate development investment. And there is a positive relationship between EPU innovations and the growth rate of real estate development investment.

18p cothumenhmong4 24-03-2020 41 3   Download

This paper assesses the real option values of farmland using data from Ohio, USA. The option value of delaying the sale of a farm property was measured using an emerging, relatively new theory namely, the theory of real options pricing.

9p masterbarista 14-01-2019 58 4   Download

The teaching and the practicing of corporate finance are more challenging and exciting than ever before. The last decade has seen fundamental changes in financial markets and financial instruments. In the early years of the 21st century, we still see announcements in the financial press about such matters as takeovers, junk bonds, financial restructuring, initial public offerings, bankruptcy, and derivatives. In addition, there is the new recognition of “real” options (Chapters 21 and 22), private equity and venture capital (Chapter 19), and the disappearing dividend (Chapter 18).

971p leetinh 29-10-2012 142 49   Download

Chapter 12 Real Options 12-1 a. Real options occur when managers can influence the size and risk of a project’s cash flows by taking different actions during the project’s life. They are referred to as real options because they deal with real as opposed to financial assets.

19p summerflora 27-10-2010 118 34   Download

Dynamic Hedging is the definitive source on derivatives risk. It provides a real-world methodology for managing portfolios containing any nonlinear security. It presents risks from the vantage point of the option market maker and arbitrage operator. The only book about derivatives risk written by an experienced trader with theoretical training, it remolds option theory to fit the practitioner's environment.

515p batrinh 16-07-2009 279 105   Download