High speed rail transport valuation
The present paper investigates the optimal timing of investment for a high speed rail (HSR) project, in an uncertain environment, using a real options analysis (ROA) framework. It develops a continuous time framework with stochastic demand that allows for the determination of the optimal timing of i...
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| Other Authors: | , |
| Format: | workingPaper |
| Language: | eng |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.3/4807 |
| Country: | Portugal |
| Oai: | oai:repositorio.uac.pt:10400.3/4807 |