High-speed rail transport valuation

In this paper, the optimal timing for investing in high-speed rail projects under uncertainty in relation to the utility provided to railway users was investigated. To accomplish this, a continuous time real options analysis framework using a stochastic demand model was developed to determine the op...

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Bibliographic Details
Main Author: Pimentel, Pedro Miguel (author)
Other Authors: Pereira, José Azevedo (author), Couto, Gualter (author)
Format: article
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/24679
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/24679