Valuing infrastructure investments as portfolios of interdependent real options

The value of infrastructure investments is frequently influenced by enormous uncertainty surrounding both exogenous and endogenous factors. At the same time, however, their value is generally driven by much flexibility - i.e. options - with respect to design, financing, construction and operation. R...

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Bibliographic Details
Main Author: Maier, Sebastian
Other Authors: Polak, John ; Gann, David
Published: Imperial College London 2017
Subjects:
624
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.733229