Real Option Analysis and Climate Change : a New Framework for Environmental Policy Analysis / Benoit Morel.
2020
HG6042
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Online Access
Concurrent users
Unlimited
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Authorized users
Document Delivery Supplied
Can lend chapters, not whole ebooks
Details
Title
Real Option Analysis and Climate Change : a New Framework for Environmental Policy Analysis / Benoit Morel.
Author
Morel, Benoit.
ISBN
9783030120610 (electronic book)
3030120619 (electronic book)
3030120600
9783030120603
3030120619 (electronic book)
3030120600
9783030120603
Imprint
Cham : Springer, ©2020.
Language
English
Description
1 online resource (168 pages)
Other Standard Identifiers
10.1007/978-3-030-12
Call Number
HG6042
Dewey Decimal Classification
332.63
Summary
This book sets out to reframe the theory of real options so that it can be used to support environmental investments for climate change adaptation and mitigation. Climate change policy often involves making decisions that concern extended time periods, and doing so under considerable uncertainty. By expanding and broadening the framework of real options, this book first introduces readers to new ways of quantifying investment decisions that can much more effectively address the shape and size of the uncertainty than traditional approaches using Net Present Value. In turn, the second part of the book applies this new theoretical framework to climate change policy by presenting a number of examples, and by providing a general perspective on investment decisions related to climate change and how to prioritize them.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Description based on print version record.
Series
Springer climate.
Available in Other Form
Real Option Analysis and Climate Change : A New Framework for Environmental Policy Analysis.
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Online Access
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Online Resources > Ebooks
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