Investments in <i>Pinus elliottii</i> Engelm. Plantations: Real Options Analysis in Discrete Time

Investments in <i>Pinus elliottii</i> Engelm. Plantations: Real Options Analysis in Discrete Time

Background: The commonly used methods for the financial evaluation of plantation forest investment projects do not incorporate uncertainties and ignore the value related to flexibility. The real options analysis makes it possible to capture these values in investment projects, increasing their value...

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Bibliographic Details
Main Authors: Jorge Carvalho Martins, Richardson Barbosa Gomes da Silva, Rafaele Almeida Munis, Danilo Simões
Format: Article
Language:English
Published: MDPI AG 2022-01-01
Series:Forests
Subjects:
biological assets
managerial flexibility
forest management
binomial model
silvicultural practices
net present value
Online Access:https://www.mdpi.com/1999-4907/13/1/111

Internet

https://www.mdpi.com/1999-4907/13/1/111

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