Valuing flexibility in build-operate-transfer (BOT) toll road projects : a real options approach
The goal of this thesis is to show how option valuation techniques can be used to value managerial flexibility in Build-Operate-Transfer (BOT) toll road projects. It begins by discussing the dramatic shift towards public-private partnerships and BOTs in the infrastructure industry. It then looks...
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| Format: | Others |
| Language: | English |
| Published: |
2009
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| Online Access: | http://hdl.handle.net/2429/7821 |