Volume Uncertainty in Construction Projects: A Real Options Approach

This paper proposes a model aiming to quantify the impact that a specific type of uncertainty -volume uncertainty- may produce on construction projects’ value and on the optimal bid price, in the context of bidding competitions. Volume uncertainty is present in most construction projects since manag...

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Detalhes bibliográficos
Autor principal: Ribeiro, João A. (author)
Outros Autores: Pereira, Paulo J. (author), Brandão, Elísio M. (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2021
Assuntos:
Texto completo:http://hdl.handle.net/11144/4741
País:Portugal
Oai:oai:repositorio.ual.pt:11144/4741