t he relationship between the price of oil and the level of economic activity is a fundamental empirical issue in macroeconomics. in this research, by using a multivariate garch-in-mean var, we try to investigate direct effects of uncertainty of oil price on macroeconomics of iran by using annually data from 1965 to 2013.results show that uncertainty about oil prices had a negative and signific...

abstract     the major constraints of agricultural production in the south western coastal areas of bangladesh are soil and water salinity of varying degrees, lack of fresh water for irrigation, slow soil drying pattern which are being augmented further due to climate change, requires suitable options of farming systems and component technologies. the major constraints and potentials of agricul...

This paper investigates the connection between market valuation anda type of the merger (stock, cash) using real options setup. I solveexplicitly for the timing and terms of cash mergers in two deferent settingsto demonstrate that cash mergers generally occur at low marketvaluations, whereas stock mergers that may be observed at both low andhigh valuations; the result holds with some dierences ...

this paper investigates the connection between market valuation anda type of the merger (stock, cash) using real options setup. i solveexplicitly for the timing and terms of cash mergers in two deferent settingsto demonstrate that cash mergers generally occur at low marketvaluations, whereas stock mergers that may be observed at both low andhigh valuations; the result holds with some dierences...

Real options theory suggests that managerial flexibility embedded within irreversible investments can account for a significant value in project valuation. Although the argument has become the dominant focus of capital investment theory over decades, yet recent survey literature in capital budgeting indicates that corporate practitioners still do not explicitly apply real options in investment ...

In this paper we combine Real Options (ROs), Analytic Hierarchy Process (AHP) and zero-one Goal Programming (ZOGP) in an integrated decision analysis framework for valuing and prioritizing a portfolio of ICT infrastructure investments. It is the first time that ROs are integrated with AHP and ZOGP providing a single multi-objective multi-criteria model, called GROAHP. Finally, a case illustrati...