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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Detalhes bibliográficos
Autor principal: Pimentel, Pedro (author)
Outros Autores: Azevedo-Pereira, José (author), Couto, Gualter (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2018
Assuntos:
Texto completo:http://hdl.handle.net/10400.3/4807
País:Portugal
Oai:oai:repositorio.uac.pt:10400.3/4807