Real Options as a Decision-making Tool in Climate Finance Evaluated with a Case Study on CCS

2013 ◽  
Vol 13 (1) ◽  
pp. 23-42 ◽  
Author(s):  
Arnab Bose ◽  
Akash Deep Badhawan ◽  
Agneev Mukherjee ◽  
Sankha Bandyopadhyay
Keyword(s):  
Decision Making ◽  
Real Options ◽  
Climate Finance ◽  
Decision Making Tool

A multicriteria analysis method as decision-making tool for sustainable desalination: the Asinara Island case study

2017 ◽  
Vol 61 ◽  
pp. 274-283 ◽  
Author(s):  
M. Marini ◽  
C. Palomba ◽  
P. Rizzi ◽  
E. Casti ◽  
A. Marcia ◽  
...  
Keyword(s):  
Decision Making ◽  
Multicriteria Analysis ◽  
Analysis Method ◽  
Decision Making Tool

scholarly journals The real options method applied to decision making – an investment analysis

2019 ◽  
Vol 16 (4) ◽  
pp. 562-571 ◽  
Author(s):  
Guilherme Brittes Benitez ◽  
Mateus José do Rêgo Ferreira Lima
Keyword(s):  
Decision Making ◽  
Real Options ◽  
Cash Flow ◽  
Investment Analysis ◽  
Discounted Cash Flow ◽  
The Real ◽  
Managerial Flexibility ◽  
Building Project ◽  
The Impact

Goal: This study aims to assess the impact of using the method of real options in investment analysis through a case study on a retail firm. Design / Methodology / Approach: It was targeted the applications of the real options method in a different type of environment and it was compared to another method more commonly used, the discounted cash flow method (DCF). The implementation and assessment of the real options method was investigated by means of a case study conducted in an investment analysis in a retail units firm. Results: The use of the real options method showed a more concise applicability over the DCF method. The results show that the project’s value, after the inclusion of managerial flexibility, increased significantly, which indicates that the analysis of the discounted cash flow undervalued the investment in question, since it disregarded the flexibility to expand or abandon the project. Limitations of the investigation: The presented method is proper to long-term processes where it is possible to make changes during the project. Investments in this sector usually are more related to short and medium-term decisions, making the application difficult due to the short decision-making period available to the managers. Practical Implications: The study provided the incorporation of flexibility through different pathways during the building project in a retail units firm. It was showed different scenarios where practitioners could decide among expanding, proceeding, reducing or abandoning the retail units based on the characteristics of their investments. Originality/value: The results obtained are an indication of this methodology to industrial businesses that are relatively volatile and that need a certain degree of flexibility in order to burgeon, such as the case of the retailing sector.

scholarly journals The risk assessment, a decision-making tool for the management of contaminated sites

2021 ◽  
Vol 265 ◽  
pp. 04001
Author(s):  
Ioan Bica ◽  
Anamaria Petruta
Keyword(s):  
Risk Assessment ◽  
Decision Making ◽  
Groundwater Contamination ◽  
Feasibility Study ◽  
Site Investigation ◽  
Contaminated Sites ◽  
Contamination Level ◽  
Hydrogeological Characteristics ◽  
Decision Making Tool

The paper presents a methodology to assess the solutions for the management of contaminated sites. For defining these solutions there were developed two main activities. First one consists in a detailed site investigation to define its geological, hydrogeological characteristics and surely the contamination level. The second activity is dedicated to the assessment of risk generated by the soil, subsoil, air, and groundwater contamination, by using a professional software. The methodology was applied to a real case study. The results showed that for non-carcinogenic compounds the risk is above the thresholds establish by legislation. The conclusion is that measures to mitigate this risk must be taken, based on a feasibility study that will be realised in the next stage of the research.

scholarly journals DanRETRO: A Decision-Making Tool for Energy Retrofit Design and Assessment of Danish Buildings

2019 ◽  
Vol 11 (14) ◽  
pp. 3794 ◽  
Author(s):  
Henrik Engelbrecht Foldager ◽  
Rasmus Camillus Jeppesen ◽  
Muhyiddine Jradi
Keyword(s):  
Decision Making ◽  
Building Sector ◽  
Energy Retrofit ◽  
Energy Models ◽  
Simulation Engine ◽  
Building Market ◽  
Environmental Goals ◽  
Retrofit Design ◽  
Decision Making Tool

The building sector contributes a substantial amount to the overall energy consumption worldwide along with a large share in the corresponding greenhouse gas emissions. Thus, improving the performance of buildings is vital to achieve the energy and environmental goals. In this regard, Denmark is not an exception, where the building sector was prioritized, aiming to enhance newly-built buildings’ performance along with upgrading existing buildings through a comprehensive energy retrofit strategy. This study aims to present and demonstrate a decision-making tool for energy retrofit design and assessment of Danish buildings (DanRETRO). Unlike the current energy retrofit assessment methodologies and tools used in the Danish building market, DanRETRO builds on a database comprising a large number of simulations for Danish buildings’ performances of various types, sizes, and ages. The well-established modeling and simulation engine of EnergyPlus is used to develop the dynamic energy models. The DanRETRO tool development is presented, where multiple building retrofitting techniques and measures are carried out along with assessment of the impacts of implementing these improvements on the technical, economic, and environmental levels. The tool’s demonstration in three case study buildings is presented, where the retrofit assessment results are reported and evaluated at various levels.

Ambicultural Governance: Harmonizing Indigenous and Western Approaches

2017 ◽  
Vol 28 (1) ◽  
pp. 31-47 ◽  
Author(s):  
Amber Nicholson ◽  
Chellie Spiller ◽  
Edwina Pio
Keyword(s):  
Decision Making ◽  
Well Being ◽  
Business Practices ◽  
Organizational Success ◽  
Strategy Model ◽  
Intangible Benefits ◽  
Governance Practices ◽  
Decision Making Tool

Indigenous and Western business practices and worldviews can be harmonized to create and enhance well-being through ambicultural governance practices. This article focuses on exploring, both theoretically and empirically, creative governance endeavors to bring together Indigenous and Western practices for the purposes of creating both wealth and well-being in the service of society. We emphasize the need to return to the idea of business as serving the well-being of communities and suggest this can be done through a relational kaitiakitanga, stewardship approach that is at the heart of our research. Through a qualitatively rich case study of a Māori business, we present a Strategy Model He Whenua Rangatira—A Balanced Landscape that serves to act as a decision-making tool that facilitates both tangible and intangible benefits for organizational success and collective well-being. We suggest that all businesses, both Indigenous and Western, can gravitate toward this approach, while contextualizing their ambicultural governance.

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