Groundwater Protection and Forest Management — an Option Value Analysis

Author(s):  
Jens Abildtrup ◽  
Niels Strange
2011 ◽  
Vol 135-136 ◽  
pp. 975-982
Author(s):  
Long Hua Yang ◽  
Dan Ning Zhang

The flagship firm in the supply chain integrates resources through SCM (Supply chain Management), optimizing the information flow,logistics and capital flow in the supply chain to obtain long-term competitive advantage and enable firm to enhance market response and competitive capacity. It has many abilities to get economy rent through implementation of SCM, flexible production capacity is one of those abilities. Based on the view of real options, this paper regarded this ability as a call option. Construct a model to analysis the value of flexible production capacity. Calculate the option value using Monte Carlo simulation,Matlab programming. Illustrate a numerical example and make a parameter sensitivity analysis.


2015 ◽  
Vol 5 (1) ◽  
pp. 264-274 ◽  
Author(s):  
Рафаилов ◽  
Mikhail Rafailov ◽  
Мартынюк ◽  
Aleskandr Martynyuk

Federal Law № 172-FZ "On the strategic planning in the Russian Federation" envisages the creation of a unified system of state strategic planning. Effective functioning of the system, includ-ing in the field of forest relations, is especially actual in times of economic crisis and federal budget deficit, when priority is to determine the priorities of the industry. For this purpose, the use of the method of value analysis is proposed to justify the choice of the most significant events of the state program "Development of Forestry" for the period of 2013-2020, its indicators. Differentiation is made on the performance of the first order (priority indicators - woody territory of the Russian Fed-eration, the amount of payments to the budget of the Russian Federation on the use of forests, the ratio of the actual amount of timber to set the allowable volume of wood removals); as well as indi-cators of the second and third orders, directly affecting the achievement of the three priority indica-tors. A mechanism is proposed to optimize the costs of priority forest management activities through increased funding through internal reallocation of resources within the state program. For example, increasing the "investment" attractiveness of forest areas for potential tenants can be achieved in the following way: an increase in funding for forest management will provide additional updating on state forest areas, which will increase the area of leased forest areas. In this way it is possible to achieve cost of saving from the federal budget for forest management activities on the forest plot (performed at the expense of the tenant) and - an increase in revenues in the fiscal system of the country. In order to justify the cost of the planned work in determining resource support activities of the state program it is recommended to create a unified system of standard costs for forestry works and services.


1968 ◽  
Author(s):  
Lorand B. Szalay ◽  
Jack E. Brent ◽  
Dale A. Lysne

Sign in / Sign up

Export Citation Format

Share Document