Evaluating investments in flexible on-demand production capacity: a real options approach
نویسندگان
چکیده
منابع مشابه
Valuing flexibility in demand-side response: A real options approach
The investment interests in the electricity industry are transmitted through various mechanisms to other economic activities. This paper considers methods for esteeming the adaptability of demand-side response (DSR) in its capacity to react to future uncertainties. The capacity to evaluate this adaptability is particularly critical for vitality frameworks speculations given their extensive and ...
متن کاملFlexible ICT investments analysis using real options
Information-communication technology (ICT) investments analysis using real options (ROs) has been a subject of active research during the last decade. It is a flexible method to value investment opportunities and to derive optimal timing of investments deployment taking into account uncertainties in future benefits and costs. We develop a framework for classifying the research on real ICT proje...
متن کاملManaging Information Technology Investments: A Capability-based Real Options Approach
Investments in IT have become a dominant part of the capital budgets of many organizations. While the costs seem readily identifiable, many of the benefits are elusive. As a result decision makers are faced with difficult questions: How should IT investments be designed and managed to ensure alignment with corporate strategy? How should such investments be prospectively justified? What more (th...
متن کاملPower Systems Investments : A Real Options Analysis
Energy projects with extended life cycles and initial investments can be non-profitable under discount cash flow methods. Therefore, real options analysis has become relevant as a pricing technique for these types of projects, with private risks and high investment levels. Following this question, this study analyses different real options approaches to select the most acceptable for investing ...
متن کاملReal options approach to evaluating genetic algorithms
The real options technique has emerged as an evaluation tool for investment under uncertainty. It explicitly recognizes future decisions, and the exercise strategy is based on the optimal decisions in future periods. This paper employs the optimal stopping policy derived from real options approach to analyze and evaluate genetic algorithms, specifically for the new branches namely Estimation of...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Business Research
سال: 2019
ISSN: 2198-3402,2198-2627
DOI: 10.1007/s40685-019-00105-w