Hybrid or electric vehicles? A real options perspective
نویسندگان
چکیده
منابع مشابه
Hybrid or electric vehicles? A real options perspective
This paper investigates the decision of an automaker concerning the alternative promotion of a hybrid vehicle (HV) and a full electric vehicle (EV). We evaluate the HV project by considering the option to change promotion from the HV to the EV in the future. The results not only extend previous findings concerning American options on multiple assets, but also include several new implications. O...
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Motivated by high oil prices, several large fleet companies initiated future plans to hybridize their fleets to establish immunity for their optimized business models against severe oil price fluctuations, and adhere to increasing awareness of environmentally-friendly solutions. The hybridization projects increased maintenance costs especially for highly costly and degradable components such as...
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ژورنال
عنوان ژورنال: Operations Research Letters
سال: 2010
ISSN: 0167-6377
DOI: 10.1016/j.orl.2009.11.004