Valoración de opciones reales a través de equivalentes de certeza
This purpose of this research is to identify appropriate rates to discount the flows from real options in situations in which the risk-free rate does not apply, in particular, in incomplete markets. A methodology is proposed for valuing real options based on certainty equivalence, which requires as...
- Autores:
-
Maya Ochoa, Cecilia
Pareja Vasseur, Julián
- Tipo de recurso:
- Fecha de publicación:
- 2014
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/7627
- Acceso en línea:
- http://hdl.handle.net/10784/7627
- Palabra clave:
- real options
utility function
certainty equivalent
incomplete markets
CRRA
- Rights
- License
- openAccess