Utilising Monte Carlo Simulation for the Valuation of Mining Concessions
Valuation involves the analyses of various input data to produce an estimated value. Since each input is itself often an estimate, there is an element of uncertainty in the input. This leads to uncertainty in the resultant output value. It is argued that a valuation must also convey information on t...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Malaya
2005-12-01
|
| Series: | Journal of Design and the Built Environment |
| Subjects: | |
| Online Access: | http://e-journal.um.edu.my/filebank/published_article/3261/Vol%201-1.pdf |