RT Journal Article
T1 Option games applied for investment in power generation capacity
A1 Blanco Bogado, Gerardo Alejandro
A1 Baum Ramos, Gabriel Fernando
A1 Lopez  Moscarda, Sonia Beatriz
A1 Olsina, Fernando
A2 Universidad Nacional de Asunción - Facultad Politécnica
AB This kind of problem is usually described by a Game Theory (GT) approach. Furthermore, the investor must evaluate the investment alternatives taking into account the flexibility of the investment options, in order to face unfavorable market scenarios, including the strategic movements of its competitors. This kind of of problem is usually described by a Real Option (RO) approach. Therefore, it has been highlighted the necessity of developing a hybrid tool that combines the methods of GT and RO in order those inconveniences in the order to fully face in the power generation problem mentioned. This evaluation tool, called Options Games has been developed recently. Despite its enormous potential, this new methodology has not yet received significant attention in the field of power generation. This paper presents an application of the Options Games approach in order to describe the challenge of investment in power generation capacity in a duopoly market.
YR 2016
FD 2016
LK http://hdl.handle.net/20.500.14066/3199
UL http://hdl.handle.net/20.500.14066/3199
LA eng
NO CONACYT - Consejo Nacional de Ciencias y Tecnología
DS MINDS@UW
RD 20-dic-2024