| Autor: |
Crew, Michael A., Alleman, James, Noam, Eli, Strauss, Todd |
| Zdroj: |
New Investment Theory of Real Options & its Implication for Telecommunications Economics; 2000, p77-84, 8p |
| Abstrakt: |
An example of an option associated with operating flexibility in electric power production and a real options approach to valuing the option are presented. This approach is contrasted with the standard discounted cash flow approach and a pure financial option valuation approach. Some connections between electric power and telecommunications are drawn, and lessons for the telecommunications industry are highlighted. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Supplemental Index |
| Externí odkaz: |
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