Capital structure optimization for build-operate- transfer (BOT) projects using a stochastic and multi-objective approach

Canadian Journal of Civil Engineering

Volumn 36, Issue 5, 2009, Pages 777-790

  Yun, Sungmin ^a   Han, Seung Heon ^a   Kim, Hyoungkwan ^a   Ho Ock, Jong ^b  

^a Yonsei University   (South Korea)

^b Seoul National University of Science and Technology   (South Korea)

Author keywords

Capital structure; Financial risks; Multi objective optimization; Optimal equity ratio; Private financing

Indexed keywords

BALANCED STRUCTURES; BUILD-OPERATE-TRANSFER PROJECTS; CAPITAL STRUCTURE; FEASIBILITY STUDIES; FINANCIAL RISKS; GENERIC ALGORITHM; INFRASTRUCTURE PROJECT; MAINTENANCE COST; MONTE CARLO SIMULATION; MULTI OBJECTIVE; OPERATING INCOME; OPTIMAL EQUITY RATIO; OPTIMAL LEVEL; PRIVATE FINANCING; PRIVATE INVESTORS; PUBLIC INFRASTRUCTURES; RAILWAY PROJECT; RISK EXPOSURE; VARIABLE CONDITIONS;

FINANCE; MAINTENANCE; MONTE CARLO METHODS; MULTIOBJECTIVE OPTIMIZATION; OPERATING COSTS; PLANNING; PRIVATIZATION; RESOURCE ALLOCATION; RISK MANAGEMENT;

STRUCTURAL OPTIMIZATION;

FEASIBILITY STUDY; FINANCIAL PROVISION; MONTE CARLO ANALYSIS; OPTIMIZATION; PROFITABILITY; RISK ASSESSMENT; STOCHASTICITY;

EID: 67649786487     PISSN: 03151468     EISSN: None     Source Type: Journal    
DOI: 10.1139/L08-134     Document Type: Article

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