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Advanced Biofuel Production in Louisiana Sugar Mills: an Application of Real Options Analysis

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Listed:
  • Darby, Paul M.
  • Mark, Tyler B.
  • Detre, Joshua D.
  • Salassi, Michael E.

Abstract

In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysis

Suggested Citation

  • Darby, Paul M. & Mark, Tyler B. & Detre, Joshua D. & Salassi, Michael E., 2011. "Advanced Biofuel Production in Louisiana Sugar Mills: an Application of Real Options Analysis," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103747, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea11:103747
    DOI: 10.22004/ag.econ.103747
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    File URL: https://ageconsearch.umn.edu/record/103747/files/Advanced%20Biofuel%20Production%20in%20Louisiana%20Sugar%20Mills-%20an%20Application%20of%20Real%20Options%20Analysis.pdf
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    References listed on IDEAS

    as
    1. Aswath Damodaran, 2000. "The Promise Of Real Options," Journal of Applied Corporate Finance, Morgan Stanley, vol. 13(2), pages 29-44, June.
    2. Chavas, Jean-Paul, 2004. "Risk Analysis in Theory and Practice," Elsevier Monographs, Elsevier, edition 1, number 9780121706210.
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    More about this item

    Keywords

    Agribusiness; Agricultural Finance; Production Economics; Resource/Energy Economics and Policy; Risk and Uncertainty;
    All these keywords.

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