A real options based model and its application to China's overseas oil investment decisions

Energy Economics

Volumn 32, Issue 3, 2010, Pages 627-637

  Fan, Ying ^a   Zhu, Lei ^a,b  

^a Chinese Academy of Sciences   (China)

^b UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA   (China)

Author keywords

Option value index; Overseas oil investment; Real options

Indexed keywords

CRITICAL VALUE; DEVELOPMENT COSTS; ENVIRONMENT UNCERTAINTY; EXCHANGE RATES; INVESTMENT DECISIONS; INVESTMENT PROGRAMS; KEY ELEMENTS; OIL COMPANIES; OIL PRICES; OIL RESERVES; OIL RESOURCE; OPTION VALUE; OPTION VALUE INDEX; OVERSEAS INVESTMENTS; PER UNIT; PRODUCTION DECLINE RATES; REAL OPTIONS; REAL OPTIONS THEORY;

PETROLEUM DEPOSITS; RESOURCE VALUATION;

INVESTMENTS;

COMMODITY PRICE; ENVIRONMENTAL ECONOMICS; EXCHANGE RATE; INVESTMENT; OIL INDUSTRY; OIL PRODUCTION; RESOURCE DEVELOPMENT;

CHINA;

EID: 77950519598     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2009.08.021     Document Type: Article

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