An option pricing-based model for evaluating the financial viability of privatized infrastructure projects

By S. Ho, Liang Y. Liu. 2002

162 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/78ac04d2d9800bc0b807c8bf25559f9addf78dd1

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Jicai Liu
2. Shengwei Wang
3. C. Y. Cheah
4. Johnny S. Wong
5. Heng Li
6. Luiz E. Brandão
7. Eduardo C. G. Saraiva

In Strategy and Management

1. Jui-Sheng Chou
2. Jicai Liu
3. C. Y. Cheah
4. Dinar Pramudawardhani
5. Luiz E. Brandão
6. Eduardo C. G. Saraiva

Citations in the corpus

• Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation (2006, background): “Other works include Ho and Liang ( 2002 ), who adopted the real option approach to the equity value in an infrastructure project, and Ng et al.”
• Intelligent building research: a review (2005, background): “Limitations of existing techniques for evaluating investment projects on intelligent building have been recognized [4,5,49,67,99].”
• Critical factors and risk allocation for PPP policy: Comparison between HSR and general infrastructure projects (2012, background): “Several studies have shown that private sector opportunism may result in fiscal failures for the public sector (Ho and Liu, 2002; Irwin, 2007; OECD, 2007; Zhang, 2005b).”
• Valuation techniques for infrastructure investment decisions (2004, unknown): “Ho and Liang (2002) adopted a discrete-time approximation to model the stochastic processes of two log-normally distributed variables, project value and construction cost, to subsequently solve for equity value using a lattice model.”