Real Options Valuation The Importance of Stochastic Process Choice in Commodity Price Modelling /
The Author shows that modelling the uncertain cash flow dynamics of an investment project deserves careful attention in real options valuation. Focusing on the case of commodity price uncertainty, a broad empirical study reveals that, contrary to common assumptions, prices are often non-stationary a...
| Published in: | Springer eBooks |
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| Main Author: | |
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| Format: | eBook |
| Language: | English |
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Wiesbaden :
Springer Fachmedien Wiesbaden : Imprint: Springer Gabler,
2015.
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| Series: | BestMasters
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| Subjects: | |
| Online Access: | http://dx.doi.org/10.1007/978-3-658-07493-7 Перейти в каталог НБ ТГУ |
Table of Contents:
- Empirical Analysis of Statistical Commodity Price Properties
- Stochastic Volatility, Jump Diffusion, and Lévy Processes
- Real Options Valuation Using Monte Carlo Simulation and the Longstaff-Schwartz Method.