Optimal timing of wind farm repowering: a two-factor real options analysis

2014 ◽  
Vol 7 (3) ◽  
pp. 3-34 ◽  
Author(s):  
Sebastian Himpler ◽  
Reinhard Madlener
Keyword(s):  
Real Options ◽  
Wind Farm ◽  
Optimal Timing ◽  
Real Options Analysis

The Valuation of Information Technology Investments by Real Options Analysis

2009 ◽  
Vol 12 (04) ◽  
pp. 611-628 ◽  
Author(s):  
Kuo-Jung Lee ◽  
David S. Shyu ◽  
Miao-Ling Dai
Keyword(s):  
Information Technology ◽  
Real Options ◽  
Cost Savings ◽  
Price Volatility ◽  
Closed Form Expression ◽  
Optimal Timing ◽  
Real Options Analysis ◽  
It Investments ◽  
Output Price ◽  
Information Technology Investments

This study establishes a dynamic model under real options analysis to analyze the optimal timing decision of information technology (IT) investments when the output price for firms is stochastic and benefits of IT investments are arisen from the increasing output price, increasing sale, and cost savings. We derive the closed form expression of the timing of IT investments and furthermore prove that IT investments rise at an increasing rate in economic booms and fall in economic busts. This study finds that increasing (decreasing) price volatility will delay (advance) the timing of IT investments. Increasing IT investments, however, may not delay the timing of IT investments. In addition, the decreasing (increasing) efficiency and increasing (decreasing) depreciation of IT investments will delay (advance) the timing of IT investments.

scholarly journals PCN149 DECIDING UPON NEW AND EXPENSIVE TECHNOLOGIES IN HEALTH CARE: REAL OPTIONS ANALYSIS IN PROTON THERAPY

2010 ◽  
Vol 13 (7) ◽  
pp. A280
Author(s):  
J Grutters ◽  
K Abrams ◽  
D Deruysscher ◽  
P Lambin ◽  
M Pijls-Johannesma ◽  
...  
Keyword(s):  
Health Care ◽  
Real Options ◽  
Proton Therapy ◽  
Real Options Analysis

scholarly journals Real options analysis for photovoltaic project under climate uncertainty

2016 ◽  
Vol 40 ◽  
pp. 012080 ◽  
Author(s):  
Kyeongseok Kim ◽  
Sejong Kim ◽  
Hyoungkwan Kim
Keyword(s):  
Real Options ◽  
Real Options Analysis ◽  
Climate Uncertainty

scholarly journals Load following with Small Modular Reactors (SMR): A real options analysis

Energy ◽  
2015 ◽  
Vol 80 ◽  
pp. 41-54 ◽  
Author(s):  
Giorgio Locatelli ◽  
Sara Boarin ◽  
Francesco Pellegrino ◽  
Marco E. Ricotti
Keyword(s):  
Real Options ◽  
Real Options Analysis ◽  
Load Following ◽  
Small Modular Reactors
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