In this paper authors present a preliminary approach to the evaluation of policies and projects based on current thinking on cost benefit analysis and real option methodology and the authors' recent work on the same subject. Authors start from the assumption that economic agents undertake investment projects in order to create and exploit opportunities for increasing profits, growth, wealth and, ultimately, their welfare. These opportunities are options...
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详细
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2011/06/09
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工作文件
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62487
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1
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1
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2011/06/13
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Disclosed
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Real options and project evaluation : a primer
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Operational Core Curriculum