The Option-Pricing Model of Wind Power Investment Projects Included Value-Leaking Losses

被引：0

作者：

Lu, Hao ^{[1
]}

Cheng, Peng ^{[2
]}

机构：

[1] Chongqing Jiaotong Univ, Sch Sci, Chongqing, Peoples R China

[2] Logist Engn Univ, Chongqing, Peoples R China

来源：

19TH INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT: MANAGEMENT SYSTEM INNOVATION | 2013年

关键词：

Binomial decision tree; Real option; Wind power; Value-leaking losses;

D O I：

10.1007/978-3-642-38427-1_36

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Compared with conventional generation, the investment in the wind power faces more risks. In this paper, we considered the value leaking losses in the wind power project which stem from the cash flow and convenience value ratio proposed a unique approach based on the method presented by Copeland and Antikarov, and illustrates the approach with an investment of the wind power project example.

引用

页码：335 / 342

页数：8

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