IRREVERSABILITY, FLEXIBILITY AND STRATEGIC VALUE OF INVESTMENTS UNDER UNCERTAINTY – QUANTITATIVE METHODS OF VALUATION Cover Image

НЕОБРАТИМОСТ, ГЪВКАВОСТ И СТРАТЕГИЧЕСКА СТОЙНОСТ НА ИНВЕСТИЦИИТЕ В УСЛОВИЯТА НА НЕСИГУРНОСТ - КОЛИЧЕСТВЕНИ МЕТОДИ ЗА ОЦЕНЯВАНЕ
IRREVERSABILITY, FLEXIBILITY AND STRATEGIC VALUE OF INVESTMENTS UNDER UNCERTAINTY – QUANTITATIVE METHODS OF VALUATION

Author(s): Valentin Velev, Mitko Dimov
Subject(s): Economy, Financial Markets
Published by: Бургаски свободен университет
Keywords: Monte Carlo; Real Options; Valuation

Summary/Abstract: The irreversabilty, flexibility and strategica value inherent in investments under uncertainty significantly influence their value and the optimal choice. The objective is to find reliable methods to evaluate uncertainty, its effect on value and identify and even embed flexibility and strategic value in the investment decision. Uncertainty requires the provision of additional resources in order to withstand it but provides opportunities which if handled adequately prove to be a meaningful and significant source of value.

  • Issue Year: 2016
  • Issue No: IX
  • Page Range: 343-353
  • Page Count: 11
  • Language: Bulgarian