A main issue in valuation modeling is the correct choice of the stochastic process that better describes the asset price performance. Particularly, in investment projects that show a high level of managerial flexibility in conditions of uncertainty – for which it would be proposed the real option valuation models – the assumption of a specific process can have an impact not only on the project ...

In today’s world, no one can deny the expansion of economic influence in the various aspects of social life and economization of immaterial issues of social life is becoming more obvious every day. The valuation of cultural goods, as one of the most important economic aspects related to arts and culture, is chosen to be considered in this study. The necessity of considering the economic valuat...

For the valuation of the renewable energy investments, providing private investors with a financial incentive to accelerate their investment is a very significant issue. Financial subsidies are known by the majority of the people to be one of the most important drivers in renewable energy expansion and one of the main reasons which result in the development of any industry. In this paper, we pr...

In this paper we study rank one discrete valuations of the field k((X1, . . . ,Xn)) whose center in k[X1, . . . ,Xn] is the maximal ideal. In sections 2 to 6 we give a construction of a system of parametric equations describing such valuations. This amounts to finding a parameter and a field of coefficients. We devote section 2 to finding an element of value 1, that is, a parameter. The field o...

To help the civil servants in both central and local governments in Taiwan operating administrative works smoothly under a new digitalized system launched in 1994, a series of courses related to information technology were offered free to them annually by the central governments. However, due to the budget deficit in recent years, the government is considering decreasing or completely canceling...