Determination of real options value by Monte Carlo simulation and fuzzy numbers

@article{Lazo2005DeterminationOR,
  title={Determination of real options value by Monte Carlo simulation and fuzzy numbers},
  author={Juan G. Lazo Lazo and Marley M. B. R. Vellasco and Marco Aur{\'e}lio Cavalcanti Pacheco},
  journal={Fifth International Conference on Hybrid Intelligent Systems (HIS'05)},
  year={2005},
  pages={6 pp.-}
}
This work presents the development of a methodology based on Monte Carlo simulation, fuzzy numbers and in the real options theory to determine the real options value under technical and market uncertainties. The objective of the proposed methodology is to substantially reduce the computational time involved, facilitating the decision taking process. The… CONTINUE READING