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Nové metody hodnocení investic
New Methods of Investments Evaluation

Author(s): Antonín Stehlík
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: value; option; real option

Summary/Abstract: The aim of the text is to present current approach in investments evaluation based on real option theory – special focus is on network industries. Each investment has more possibilities of realization, which can be described as real options. It is possible to evaluate the price of real option by utilization of the below described model. The real option classification is not steady yet. The real option analysis does not replace the standard techniques (the net present value approach) but they are very important complement as it is shown at the end of this paper.

  • Issue Year: 52/2004
  • Issue No: 10
  • Page Range: 1229-1238
  • Page Count: 10
  • Language: Czech