Valuing Flexibility in Infrastructure Expansion

By T. Zhao, C. Tseng. 2003

144 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Transportation

View Paper: https://www.semanticscholar.org/paper/cff963c8ae46a8068490410d4c38cf3c5665cfad

How researchers see this paper

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

In Economics and Econometrics

1. Luiz E. Brandão
2. Eduardo C. G. Saraiva

In Finance

1. Jicai Liu
2. C. Y. Cheah
3. Luiz E. Brandão
4. Eduardo C. G. Saraiva

Citations in the corpus

• Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation (2006, background): “Zhao and Tseng ( 2003 ), for example, state that although enhancing the foundation and columns of a physical structure represents additional up‐front construction cost, it has a return in flexibility for future expansion.”