Energy shortage, global warming, and climate change led to an increase in the use of
alternative sources of energy, with renewable energy sources (RES) playing a fundamental …

Regulatory risk is commonly accepted as one of the most important risks in the energy
business, particularly renewable energy. With the recent changes (in June 2014) in the …

In recent years, there has been a very increasing trend in energy consumption worldwide,
especially in the electricity sector, which, due to global sensitivities to protecting the …

Traditional methods used for real estate project valuation, such as the static Net Present
Value, have some limitations, as these methods do not consider the possibility of a change …

El presente trabajo pretende aplicar la teoría de opciones reales en un proyecto de
construcción de una pequeña central hidroeléctrica en Colombia. El cálculo del valor …

El propósito de la presente investigación es identificar cuál es el valor que agrega la
metodología de opciones reales para valorar la incertidumbre que genera la renovación de …

El presente trabajo plantea la combinación de la simulación de Monte Carlo, la
programación dinámica y la regresión estadística en un modelo que permite valorar …

Abstract The Real Options theory (―ROT‖) states firms should be approached as a
combination of real assets and real options. Domestic equity research analysts do not seem …

This paper seeks to analyze the way investors consider growth option values when pricing
equity. To achieve this objective we study the effect on stock prices of a comparative case of …

El objetivo de este trabajo es tratar el sistema LSM Monte Carlo, el cual permite valorar
opciones financieras de naturaleza americanas para aplicarlo a opciones reales. Se …