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Opções reais: tipologias e sua avaliação
[Real options: typologies and its evaluation]

Author

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  • Gomes Santana Félix, Elisabete

Abstract

This article intends to evidence the flexibility effect in the investment decision. This flexibility is known by the real options term, these options possess value, which will increase the value of an investment that possesses them. The traditional investments evaluation methods are not enough to catch the value associated with the real options. We will have to appeal to the options valuation theory and in analogy with that catch the true value of investments with real options.

Suggested Citation

  • Gomes Santana Félix, Elisabete, 2003. "Opções reais: tipologias e sua avaliação [Real options: typologies and its evaluation]," MPRA Paper 6186, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:6186
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Opções Reais; Decisão de Investimento; Avaliação de Opções Reais;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing

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