Application real options infrastructure projects

• Main Author: Cheah, Charles Yuen Jen.
• Other Authors: School of Civil and Environmental Engineering
• Format: Research Report
• Published: 2008
• Subjects: DRNTU::Engineering::Civil engineering::Construction management
• Online Access: http://hdl.handle.net/10356/5200
• Institution: Nanyang Technological University

In all large engineering and infrastructure projects, valuation constitutes an important step during the initial stage as each stakeholder assesses the prospect of his/her investment. The complexity of valuation increases dramatically in the face of uncertainty especially when the risks are dynamic...