An Exit and Entry Study of Renewable Power Producers: A Real Options Approach
An Exit and Entry Study of Renewable Power Producers: A Real Options Approach
dc.contributor.author | Min, Kyung | |
dc.contributor.author | Lou, Chenlu | |
dc.contributor.author | Min, Kyung | |
dc.contributor.author | Wang, Chung-Hsiao | |
dc.contributor.department | Industrial and Manufacturing Systems Engineering | |
dc.date | 2018-02-18T08:16:23.000 | |
dc.date.accessioned | 2020-06-30T04:47:40Z | |
dc.date.available | 2020-06-30T04:47:40Z | |
dc.date.copyright | Sun Jan 01 00:00:00 UTC 2012 | |
dc.date.issued | 2012-01-01 | |
dc.description.abstract | <p>In recent years, there has been a substantial increase in renewable power production sites. However, such sites operated in the 1980s were often abandoned in the 1990s and their remnants are still visible. Hence, it is highly desirable to understand the exit and entry decisions of such sites. Toward this goal, we formulate and analyze models for such decisions regarding a single site from a real options perspective when the operation and maintenance costs follow a geometric Brownian motion and derive policy implications. An extensive numerical example for a wind farm illustrates some of the key features of this study.</p> | |
dc.description.comments | <p>This is a manuscript of an article published by Taylor & Francis in The Engineering Economist on 2012, available online: <a href="http://dx.doi.org/10.1080/0013791X.2011.651566" target="_blank">http://dx.doi.org/10.1080/0013791X.2011.651566</a></p> | |
dc.format.mimetype | application/pdf | |
dc.identifier | archive/lib.dr.iastate.edu/imse_pubs/107/ | |
dc.identifier.articleid | 1107 | |
dc.identifier.contextkey | 9968603 | |
dc.identifier.s3bucket | isulib-bepress-aws-west | |
dc.identifier.submissionpath | imse_pubs/107 | |
dc.identifier.uri | https://dr.lib.iastate.edu/handle/20.500.12876/44394 | |
dc.language.iso | en | |
dc.source.bitstream | archive/lib.dr.iastate.edu/imse_pubs/107/2012_Min_ExitEntry.pdf|||Fri Jan 14 18:26:29 UTC 2022 | |
dc.source.uri | 10.1080/0013791X.2011.651566 | |
dc.subject.disciplines | Industrial Engineering | |
dc.subject.disciplines | Systems Engineering | |
dc.title | An Exit and Entry Study of Renewable Power Producers: A Real Options Approach | |
dc.type | article | |
dc.type.genre | article | |
dspace.entity.type | Publication | |
relation.isAuthorOfPublication | ef4d02dd-460b-4493-b238-06a950db9f30 | |
relation.isOrgUnitOfPublication | 51d8b1a0-5b93-4ee8-990a-a0e04d3501b1 |
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