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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Format: | Others |
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North Dakota State University
2017
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Online Access: | https://hdl.handle.net/10365/27036 |