IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2005y2005i5id530p675-686.html
   My bibliography  Save this article

Budoucnost ekonomického hodnocení investic
[Future of investments evaluation]

Author

Listed:
  • Antonín Stehlík

Abstract

The study presents a current approach to investments evaluation based on the real option theory. Each investment can be materialized through different possibilities, described as real options. It is possible to evaluate the price of real option by utilization of the described model. The real option classification is not steady yet. The real option analysis does not replace the standard techniques (the net present value approach) although they are very important complements - as shown at the end of this article. Real options is at modern approach to capital budgeting.

Suggested Citation

  • Antonín Stehlík, 2005. "Budoucnost ekonomického hodnocení investic [Future of investments evaluation]," Politická ekonomie, Prague University of Economics and Business, vol. 2005(5), pages 675-685.
    • Handle: RePEc:prg:jnlpol:v:2005:y:2005:i:5:id:530:p:675-686
    DOI: 10.18267/j.polek.530
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.530.html
    Download Restriction: free of charge
    File URL: http://polek.vse.cz/doi/10.18267/j.polek.530.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.polek.530?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    volatility; valuation; options; real options;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2005:y:2005:i:5:id:530:p:675-686. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.