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Giga-Investments: Modelling the Valuation of Very Large Industrial Real Investments Author info | Abstract | Publisher info | Download info | Related research | Statistics Collan, Mikael
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In this doctoral dissertation characteristics of very large industrial real investments (VLIRI) are investigated and a special group of VLIRI is defined as giga-investments. The investment decision-making regarding to giga-investments is discussed from the points of view of discounted cash-flow based methods and real option valuation. Based on the bacground of establishing giga-investments, state-of-the-art in capital budgeting (including real options) and by applying fuzzy numbers a novel method for the evaluation and profitability analysis of giga-investments is presented. Application of the method is illustrated and issues regarding investment decision-making of large industrial real investments are discussed.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
4328.
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Date of creation: Nov 2004Date of revision:
Handle: RePEc:pra:mprapa:4328Contact details of provider: Postal: Schackstr. 4, D-80539 Munich, Germany Phone: +49-(0)89-2180-2219 Fax: +49-(0)89-2180-3900 Web page: http://mpra.ub.uni-muenchen.de More information through EDIRC
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Keywords: Real Options Fuzzy Real Option Valuation Giga-Investments Very Large Industrial Real Investments Dissertation Find related papers by JEL classification: Y40 - Miscellaneous Categories - - Dissertations - - - Dissertations G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Investment Policy Y4 - Miscellaneous Categories - - Dissertations
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