High speed rail transport valuation and policy decisions

The present paper investigates the process of decision making regarding the optimal timing to invest in the high speed rail (HSR) project, under uncertainty, using the real options analysis (ROA) framework. It’s developed a continuous time framework that allows a solution to the problem concerning t...

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Bibliographic Details
Main Author: Pimentel, Pedro (author)
Other Authors: Azevedo-Pereira, José (author), Couto, Gualter (author)
Format: workingPaper
Language:eng
Published: 2018
Subjects:
Online Access:http://hdl.handle.net/10400.3/4806
Country:Portugal
Oai:oai:repositorio.uac.pt:10400.3/4806