OPTION VALUE OF HARVESTING: THEORY AND EVIDENCE [PDF]
Real options analysis shows that fishery harvesting becomes more conservative, and catch efficiency is raised, when exploitation is subject to irreversibility, uncertainty, and delay for a cooperative profit-maximizing fleet.
Li, Eric A.L.
core +1 more source
Reducing meat consumption through default nudging: a field study. [PDF]
Ardesch TF+3 more
europepmc +1 more source
Gas Fired Power Plants: Investment Timing, Operating Flexibility and Abandonment [PDF]
We analyze investments in gas fired power plants under stochastic electricity and gas prices. We use a real options approach, taking into account the economic information in futures and forward prices.
Erkka Näsäkkälä, Stein-Erik Fleten
core
Multiple myeloma as a challenging multidimensional random process: a data-driven web-based application for treatment selection. [PDF]
Luchinin AS, Gevorkyan TG, Semenova AA.
europepmc +1 more source
EX-ANTE EVALUATION OF AGRI-ENVIRONMENTAL SCHEMES: COMBINING ELEMENTS OF PRIVATE AND PUBLIC DECISION MAKING [PDF]
The objective of this paper is to set a complete ex-ante evaluation to support Decision Makers in designing more efficient and effective agri-environmental contracts, through an integrated modelling of elements of private and public decision making.
Bartolini, Fabio+2 more
core +1 more source
Feedback from an avatar facilitates risk-taking by modulating the amygdala response to feedback uncertainty. [PDF]
Tanaka T, Haruno M.
europepmc +1 more source
Closed-Form Approximations for Spread Option Prices and Greeks [PDF]
We develop a new closed-form approximation method for pricing spread options. Numerical analysis shows that our method is more accurate than existing analytical approximations.
Li, Minqiang
core +1 more source
Real-world disease burden and planned treatment optimization after MANAGE-PD implementation in Germany: a cross-sectional study. [PDF]
Südmeyer M+5 more
europepmc +1 more source
An Analysis of the Effects of Uncertainty and Irreversibility on Farmer Participation in the Conservation Reserve Program [PDF]
A real options model is developed to examine the determinants of farmer participation in the Conservation Reserve Program (CRP). This study contributes to the literature by developing a framework for ex post analysis of uncertainty and irreversibility ...
Isik, Murat, Yang, Wanhong
core +1 more source
Legal principles of shared decision-making for healthcare: what are we required to do? [PDF]
Sarela AI+4 more
europepmc +1 more source