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Risk analysis applied to petroleum exploration and production: an overview
16 references·8 citing·32 second hop
Risk analysis applied to petroleum exploration and production: an overview (2004)Risk analysis applied to petroleum explor…Theory of games and economic behavior (2019)Theory of games and economic …Against the gods: the remarkable story of risk (1997)Against the gods: the remarka…Against the Gods: The Remarkable Story of Risk (1996)Against the Gods: The Remarka…Investment Under Uncertainty. (1994)Investment Under Uncertainty.Investment under Uncertainty (1994)Investment under UncertaintyDecisions with Multiple Objectives: Preferences and Value Tradeoffs. (1994)Decisions with Multiple Objec…Making Hard Decisions, an Introduction to Decision Analysis (1992)Making Hard Decisions, an Int…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…The Value of Waiting to Invest (1982)The Value of Waiting to InvestDecisions with Multiple Objectives—Preferences and Value Tradeoffs (1977)Decisions with Multiple Objec…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Decision Analysis: Introductory Lectures on Choices Under Uncertainty. (1969)Decision Analysis: Introducto…Decision Analysis: Introductory Lectures on Choices Under Uncertainty. (1969)Decision Analysis: Introducto…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Portfolio Selection (1952)Portfolio SelectionThe Theory of Games and Economic Behavior (1945)The Theory of Games and Econo…A fuzzy inference system applied to value of information assessment for oil and gas industry (2019)A fuzzy inference system appl…The valuation of photovoltaic power generation under carbon market linkage based on real options (2016)The valuation of photovoltaic…Linear solution schemes for Mean-SemiVariance Project portfolio selection problems: An application in the oil and gas industry (2016)Linear solution schemes for M…Exponential utility functions aid upstream decision making (2015)Exponential utility functions…Assessment of synergies for selecting a project portfolio in the petroleum industry based on a multi-attribute utility function (2015)Assessment of synergies for s…A multicriteria decision model for selecting a portfolio of oil and gas exploration projects (2013)A multicriteria decision mode…A conceptual model for project management of exploration and production in the oil and gas industry: The case of a Brazilian company (2012)A conceptual model for projec…Characterization of operational safety in offshore oil wells (2006)Characterization of operation…Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)A Theory of the Term Structure of Interest Rates (1985)Entry and Exit Decisions under Uncertainty (1989)Irreversibility, Uncertainty, and Investment (1990)Conjoint Analysis in Consumer Research: Issues and Outlook (1978)Risk management in a dynamic society: a modelling problem (1997)Best-worst multi-criteria decision-making method (2014)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Non-cooperative games (1989)Frontiers in Group Dynamics (1947)A Method for Evaluating the Distribution of Power in a Committee System (1954)Measurement of health state utilities for economic appraisal (1986)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)An intertemporal asset pricing model with stochastic consumption and investment opportunities (1979)Conditional value-at-risk for general loss distributions (2002)The Capital Asset Pricing Model: Theory and Evidence (2004)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)Capital markets research in accounting (2001)
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References

  • 2019Theory of games and economic behavior16,630 cited
  • 1994Investment Under Uncertainty.9,497 cited
  • 1994Investment under Uncertainty9,016 cited
  • 1994Decisions with Multiple Objectives: Preferences and Value Tradeoffs.8,369 cited
  • 1945The Theory of Games and Economic Behavior5,134 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1952Portfolio Selection4,609 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1969Decision Analysis: Introductory Lectures on Choices Under Uncertainty.1,928 cited
  • 1977Decisions with Multiple Objectives—Preferences and Value Tradeoffs1,743 cited
  • 1992Making Hard Decisions, an Introduction to Decision Analysis1,450 cited
  • 1996Against the Gods: The Remarkable Story of Risk1,441 cited
  • 1969Decision Analysis: Introductory Lectures on Choices Under Uncertainty.960 cited
  • 1997Against the gods: the remarkable story of risk861 cited

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Cited by

  • 2016The valuation of photovoltaic power generation under carbon market linkage based on real options70 cited
  • 2015Assessment of synergies for selecting a project portfolio in the petroleum industry based on a multi-attribute utility function59 cited
  • 2016Linear solution schemes for Mean-SemiVariance Project portfolio selection problems: An application in the oil and gas industry52 cited
  • 2012A conceptual model for project management of exploration and production in the oil and gas industry: The case of a Brazilian company44 cited
  • 2013A multicriteria decision model for selecting a portfolio of oil and gas exploration projects38 cited
  • 2019A fuzzy inference system applied to value of information assessment for oil and gas industry34 cited
  • 2006Characterization of operational safety in offshore oil wells32 cited
  • 2015Exponential utility functions aid upstream decision making20 cited