Budoucnost ekonomického hodnocení investic
Title in English | Future of investments evaluation |
---|---|
Authors | |
Year of publication | 2005 |
Type | Article in Periodical |
Magazine / Source | Politická ekonomie |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | valuation; options; real options; volatility |
Description | The aim of the text is to present current approach in investments evaluation based on real option theory. Each investment has more possibilities of realization, which can be described as real options. It is possible to evaluate the price of real option by utilization of the below 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) but they are very important complement as it is shown at the end of this paper. Real options is the modern approach to capital budgeting. |
Related projects: |