Switching Options: The Value of Flexibility Provided by Geographical Diversification

The thesis develops a Monte Carlo simulation model with real options to value agricultural-commodity-trading firms' physical assets in relation to their existing networks of physical assets. The option value measured is the flexibility provided by switching options. This value can guide individ...

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Bibliographic Details
Main Author: Johansen, Stephan Wegerle
Format: Others
Published: North Dakota State University 2017
Online Access:https://hdl.handle.net/10365/27036