This paper offers novel analytical solutions for evaluating perpetual caps and floors on
continuous flows under the constant elasticity of variance (CEV) model. We demonstrate that …

Air transport is crucial for ensuring population mobility owing to time travel savings,
especially in remote regions. Despite its benefits, air transport is still one of the most …

This article investigates the impact of caps and floors on investment timing and leverage
decisions made by firms. By examining their effects on investment timing, firm value …

This paper analyzes a firm's investment timing and capacity decision by considering the
manager's time‐inconsistent preferences and continuous economic depreciation of the …

We offer analytic formulae for valuing finite maturity profit caps and floors that are contingent
on continuous flows without the need for subtracting the risk‐neutral expectation of the …

The valuation of finite maturity caps, floors and collars on continuous flows has been made
using perpetual methods inspired in the real options literature. In particular, the value of …

This thesis aims to explore the complex interplay between renewable energy investment,
uncertainty, and policy risk, with the goal of providing insights that can contribute to the …

Pork is sold in volatile spot markets and market concepts. A pig farmer's entrepreneurship
determines the choice for one of these production systems. On the one hand, the farmer opts …

Air transport is crucial for ensuring population mobility owing to time travel savings. In some
regions, Public Service Obligations (PSO) are imposed to guarantee better mobility, as high …