Interdependencies between operating options
This paper presents a computationally feasible technique to value operating flexibilities in making capital budgeting decisions. We investigate how the value of a project is affected by the simultaneous introduction of several operating options. Previous studies have focused on operating optio...
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| Format: | Working Paper |
| Language: | en_US |
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MIT Energy Lab
2005
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| Online Access: | http://hdl.handle.net/1721.1/27211 |