Forestry Investments and Option Values

Forestry Investments and Option Values
Author :
Publisher :
Total Pages : 24
Release :
ISBN-10 : MINN:31951D014777248
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis Forestry Investments and Option Values by : Andrew Plantinga

Download or read book Forestry Investments and Option Values written by Andrew Plantinga and published by . This book was released on 1996 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bulletin considers option values related to a principal problem for forestry investors, the timing of harvests. The purpose is to present a general theory of the rotation problem under uncertainty and irreversibility and provide a methodology for empirically estimating option values. Modifications of the framework for analyzing options values related to other aspects of forestry investments are also discussed.


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Inhaltsangabe:Abstract: This paper evaluates the real options approach (ROA) as a means for appraising capital investments under uncertainty. Globalisation and