Browsing Theses by Subject "Real Options"
Now showing items 1-3 of 3
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Essays in Risk Management for Crude Oil Markets
(University of Waterloo, 2012-10-22)This thesis consists of three essays on risk management in crude oil markets. In the first essay, the valuation of an oil sands project is studied using real options approach. Oil sands production consumes substantial ... -
An Investment Decision under the Clean Development Mechanism: A Real Options Approach
(University of Waterloo, 2009-09-08)One of the main challenges that investors in the Clean Development Mechanism (CDM) project face is the management of the volatility of the price of Certified Emission Reduction (CERs). Large scale CDM projects require a ... -
Real Options and Asset Valuation in Competitive Energy Markets
(University of Waterloo, 2007-12-07)The deregulation of energy markets around the world, including power markets has changed the way operating assets in these markets are managed. Independent power asset owners and even utilities operating in these markets ...