Matches in SemOpenAlex for { <https://semopenalex.org/work/W4296416085> ?p ?o ?g. }
Showing items 1 to 96 of
96
with 100 items per page.
- W4296416085 endingPage "106869" @default.
- W4296416085 startingPage "106869" @default.
- W4296416085 abstract "Solar energy projects contribute to smart city goals by reducing pollution and assisting cities to become self-sustaining. However, these projects, characterised by their sequential nature, require a huge amount of irreversible investment, especially in the case of large-scale photovoltaic projects (MW). This aspect could make solar projects unattractive for potential investors. To mitigate the risks of financial losses the investor could invest in small-scale solar projects and switch to large-scale investment projects only if the market conditions are favourable. This paper aims to embed this managerial flexibility of changing investment size during the project lifetime into its valuation. To accomplish this, we use a compound options approach with a switch and call options models to reliably price these projects by considering their riskiness and, their stochastic and multi-stage nature. We also consider the determination of the optimal investment time like an American option. We also propose a case study that shows that considering the managerial flexibility value in the project valuation makes them attractive and financially profitable." @default.
- W4296416085 created "2022-09-20" @default.
- W4296416085 creator A5004080685 @default.
- W4296416085 creator A5029501765 @default.
- W4296416085 creator A5044447341 @default.
- W4296416085 creator A5068781675 @default.
- W4296416085 date "2023-01-01" @default.
- W4296416085 modified "2023-09-29" @default.
- W4296416085 title "Flexibility to switch project size: A real option application for photovoltaic investment valuation" @default.
- W4296416085 cites W1971394868 @default.
- W4296416085 cites W1980378050 @default.
- W4296416085 cites W2018904487 @default.
- W4296416085 cites W2022202554 @default.
- W4296416085 cites W2049234737 @default.
- W4296416085 cites W2061388689 @default.
- W4296416085 cites W2077791698 @default.
- W4296416085 cites W2112819799 @default.
- W4296416085 cites W2126258480 @default.
- W4296416085 cites W2135813279 @default.
- W4296416085 cites W2141209339 @default.
- W4296416085 cites W2144738716 @default.
- W4296416085 cites W2158765829 @default.
- W4296416085 cites W2195400973 @default.
- W4296416085 cites W2211073057 @default.
- W4296416085 cites W2509262585 @default.
- W4296416085 cites W2701092023 @default.
- W4296416085 cites W2907112348 @default.
- W4296416085 cites W3165710409 @default.
- W4296416085 cites W3215532707 @default.
- W4296416085 cites W4239069530 @default.
- W4296416085 doi "https://doi.org/10.1016/j.cnsns.2022.106869" @default.
- W4296416085 hasPublicationYear "2023" @default.
- W4296416085 type Work @default.
- W4296416085 citedByCount "5" @default.
- W4296416085 countsByYear W42964160852023 @default.
- W4296416085 crossrefType "journal-article" @default.
- W4296416085 hasAuthorship W4296416085A5004080685 @default.
- W4296416085 hasAuthorship W4296416085A5029501765 @default.
- W4296416085 hasAuthorship W4296416085A5044447341 @default.
- W4296416085 hasAuthorship W4296416085A5068781675 @default.
- W4296416085 hasBestOaLocation W42964160851 @default.
- W4296416085 hasConcept C10138342 @default.
- W4296416085 hasConcept C112930515 @default.
- W4296416085 hasConcept C119599485 @default.
- W4296416085 hasConcept C127413603 @default.
- W4296416085 hasConcept C134560507 @default.
- W4296416085 hasConcept C144133560 @default.
- W4296416085 hasConcept C162324750 @default.
- W4296416085 hasConcept C175444787 @default.
- W4296416085 hasConcept C17744445 @default.
- W4296416085 hasConcept C186027771 @default.
- W4296416085 hasConcept C187736073 @default.
- W4296416085 hasConcept C199539241 @default.
- W4296416085 hasConcept C27548731 @default.
- W4296416085 hasConcept C2780598303 @default.
- W4296416085 hasConcept C2780973918 @default.
- W4296416085 hasConcept C29122968 @default.
- W4296416085 hasConcept C41291067 @default.
- W4296416085 hasConcept C94625758 @default.
- W4296416085 hasConceptScore W4296416085C10138342 @default.
- W4296416085 hasConceptScore W4296416085C112930515 @default.
- W4296416085 hasConceptScore W4296416085C119599485 @default.
- W4296416085 hasConceptScore W4296416085C127413603 @default.
- W4296416085 hasConceptScore W4296416085C134560507 @default.
- W4296416085 hasConceptScore W4296416085C144133560 @default.
- W4296416085 hasConceptScore W4296416085C162324750 @default.
- W4296416085 hasConceptScore W4296416085C175444787 @default.
- W4296416085 hasConceptScore W4296416085C17744445 @default.
- W4296416085 hasConceptScore W4296416085C186027771 @default.
- W4296416085 hasConceptScore W4296416085C187736073 @default.
- W4296416085 hasConceptScore W4296416085C199539241 @default.
- W4296416085 hasConceptScore W4296416085C27548731 @default.
- W4296416085 hasConceptScore W4296416085C2780598303 @default.
- W4296416085 hasConceptScore W4296416085C2780973918 @default.
- W4296416085 hasConceptScore W4296416085C29122968 @default.
- W4296416085 hasConceptScore W4296416085C41291067 @default.
- W4296416085 hasConceptScore W4296416085C94625758 @default.
- W4296416085 hasLocation W42964160851 @default.
- W4296416085 hasOpenAccess W4296416085 @default.
- W4296416085 hasPrimaryLocation W42964160851 @default.
- W4296416085 hasRelatedWork W1985470497 @default.
- W4296416085 hasRelatedWork W2350968129 @default.
- W4296416085 hasRelatedWork W2354108871 @default.
- W4296416085 hasRelatedWork W2363865943 @default.
- W4296416085 hasRelatedWork W2384401666 @default.
- W4296416085 hasRelatedWork W2387412162 @default.
- W4296416085 hasRelatedWork W2418307762 @default.
- W4296416085 hasRelatedWork W2949841543 @default.
- W4296416085 hasRelatedWork W1941671231 @default.
- W4296416085 hasRelatedWork W2181404588 @default.
- W4296416085 hasVolume "116" @default.
- W4296416085 isParatext "false" @default.
- W4296416085 isRetracted "false" @default.
- W4296416085 workType "article" @default.