Superiority of Monte Carlo simulation in valuing real options within public–private partnerships
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DOI: 10.1057/s41283-017-0025-9
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Cited by:
- M. I. M. Wahab & C. -G. Lee & P. Sarkar, 2023. "A real options approach to value manufacturing flexibilities with regime-switching product demand," Flexible Services and Manufacturing Journal, Springer, vol. 35(3), pages 864-895, September.
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Keywords
Public–private partnership; Real options; Infrastructure projects; Capital budgeting decisions; Guarantees; Monte Carlo simulation; Geometric Brownian motion;All these keywords.
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