Real Options Analysis: Where Are the Emperor's Clothes?

By A. Borison. 2005

288 citations recorded by the source corpus.

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Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation (2006, background): “Borison (2003) also categorized the different real option approaches based on their assumptions made and the mechanics involved.”
Risk-Neutral Pricing Approach for Evaluating BOT Highway Projects with Government Minimum Revenue Guarantee Options (2012, background): “The field of real options analysis has gone through a transition from a topic of a modest academic interest in 1980s and 1990s to one that now receives considerable, active academic and industry attention (Borison 2005).”
Valuing the option to invest in an incomplete market (2007, background): “There is little evidence in practice that perfect spanning assets exist, and indeed many authors including Pinches (1998), Lander and Pinches (1998) and Borison (2003) have observed that incompleteness should be considered.”