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Optimal Investment Timing and Scale Choice of Overseas Oil Projects: A Real Option Approach

This article presents a real option model for helping investors to determine the optimal investment timing and scale of overseas oil projects. The model is suitable for the highly uncertain environments in which many oil companies operate, where they have to suspend upstream investment, stop new oil...

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Main Authors: Jia-Yue Huang, Yun-Fei Cao, Hui-Ling Zhou, Hong Cao, Bao-Jun Tang, Nan Wang
格式: Artigo
語言:Inglês
出版: MDPI AG 2018-10-01
叢編:Energies
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在線閱讀:https://www.mdpi.com/1996-1073/11/11/2954
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