Real Option Analysis - a new approach for making decisions

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F02%3A00001977" target="_blank" >RIV/61989100:27510/02:00001977 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Real Option Analysis - a new approach for making decisions

Popis výsledku v původním jazyce

This article deals with the traditional subject of resource allocation or project valuation under uncertainty, particularly with the valuation of managerial operating flexibility as corporate real options. Similar to options on financial securities, realoptions involve decisions or rights, with no obligation, to acquire or exchange an asset for a specified alternative price.The ability to value real options (e.g. to deffer, expand, contract, abandon, switch use or otherwise alter a capital investment)has brought a revolution to modern corporate resource allocation. The article provides new insight in valuing of project under uncertainty. First, real option and the basic types of real options are explained and compared with financial option. Than, thecomparison of traditional passive approach for valuing projects and Real Option Analysis is made. At the end simple example is stated that compares the results of both approaches

Název v anglickém jazyce

Real Option Analysis - a new approach for making decisions

Popis výsledku anglicky

This article deals with the traditional subject of resource allocation or project valuation under uncertainty, particularly with the valuation of managerial operating flexibility as corporate real options. Similar to options on financial securities, realoptions involve decisions or rights, with no obligation, to acquire or exchange an asset for a specified alternative price.The ability to value real options (e.g. to deffer, expand, contract, abandon, switch use or otherwise alter a capital investment)has brought a revolution to modern corporate resource allocation. The article provides new insight in valuing of project under uncertainty. First, real option and the basic types of real options are explained and compared with financial option. Than, thecomparison of traditional passive approach for valuing projects and Real Option Analysis is made. At the end simple example is stated that compares the results of both approaches

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2002

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ECON´01

ISSN

0862-7908

e-ISSN

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Svazek periodika

8

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

6

Strana od-do

8-13

Kód UT WoS článku

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EID výsledku v databázi Scopus

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