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Options in the Real World: Lessons Learned in Evaluating Oil and Gas Investments
16 references·16 citing·23 second hopsampled
Options in the Real World: Lessons Learned in Evaluating Oil and Gas Investments (1999)Options in the Real World: Lessons Learne…Theory of rational option pricing (2005)Theory of rational option pri…Real options: Managerial flexibility and strategy in resource allocation (1996)Real options: Managerial flex…Real Options: Managerial Flexibility and Strategy in Resource Allocation (1996)Real Options: Managerial Flex…Investment Under Uncertainty. (1994)Investment Under Uncertainty.Investment under Uncertainty (1994)Investment under UncertaintyDynamic Asset Pricing Theory. (1993)Dynamic Asset Pricing Theory.Valuation: Measuring and managing the value of companies (1992)Valuation: Measuring and mana…Valuation: Measuring and Managing the Value of Companies. (1991)Valuation: Measuring and Mana…Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases (1988)Option Valuation of Claims on…Efficient Analytic Approximation of American Option Values (1987)Efficient Analytic Approximat…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…Principles of Corporate Finance. (1981)Principles of Corporate Finan…Option pricing: A simplified approach (1979)Option pricing: A simplified …Martingales and arbitrage in multiperiod securities markets (1979)Martingales and arbitrage in …Theory of Rational Option Pricing (1973)Theory of Rational Option Pri…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Real Options and Strategic Investment Decisions: Can They Be of Use to Scholars? (2010)Real Options and Strategic In…Crude oil market efficiency and modeling: Insights from the multiscaling autocorrelation pattern (2010)Crude oil market efficiency a…An Approximate Dynamic Programming Approach to Benchmark Practice-Based Heuristics for Natural Gas Storage Valuation (2010)An Approximate Dynamic Progra…A long-term view of worldwide fossil fuel prices (2009)A long-term view of worldwide…Discrete time modeling of mean-reverting stochastic processes for real option valuation (2007)Discrete time modeling of mea…The valuation of multidimensional American real options using the LSM simulation method (2006)The valuation of multidimensi…Project options valuation with net present value and decision tree analysis (2006)Project options valuation wit…Oil and energy price volatility (2006)Oil and energy price volatili…Using Binomial Decision Trees to Solve Real-Option Valuation Problems (2005)Using Binomial Decision Trees…Technology Competition and Optimal Investment Timing: A Real Options Perspective (2005)Technology Competition and Op…Decision analysis in energy and environmental modeling: An update (2005)Decision analysis in energy a…Decision Analysis and Real Options: A Discrete Time Approach to Real Option Valuation (2005)Decision Analysis and Real Op…Alternative Approaches for Solving Real-Options Problems (2005)Alternative Approaches for So…Adapting Real Options to New Product Development by Modeling the Second Toyota Paradox (2005)Adapting Real Options to New …Perspective on Decision Analysis Applications, 1990–2001 (2004)Perspective on Decision Analy…Optimal exploration investments under price and geological‐technical uncertainty: a real options model (2001)Optimal exploration investmen…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Theory of the Term Structure of Interest Rates (1985)Prospect theory: An analysis of decision under risk (1988)A YIELD‐FACTOR MODEL OF INTEREST RATES (1996)Introductory Econometrics for Finance (2008)Determinants of corporate borrowing (1977)Entry and Exit Decisions under Uncertainty (1989)Irreversibility, Uncertainty, and Investment (1990)Good News and Bad News: Representation Theorems and Applications (1981)Valuing American Options by Simulation: A Simple Least-Squares Approach (2001)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)Martingales and stochastic integrals in the theory of continuous trading (1981)The Capital Structure Puzzle (1984)The Determinants of Capital Structure Choice (1988)The theory and practice of corporate finance: evidence from the field (2001)Capital markets research in accounting (2001)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1994Investment Under Uncertainty.9,497 cited
  • 1994Investment under Uncertainty9,016 cited
  • 1973Theory of Rational Option Pricing8,060 cited
  • 2005Theory of rational option pricing7,161 cited
  • 1979Option pricing: A simplified approach6,103 cited
  • 1981Principles of Corporate Finance.3,634 cited
  • 1979Martingales and arbitrage in multiperiod securities markets3,595 cited
  • 1993Dynamic Asset Pricing Theory.2,891 cited
  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1992Valuation: Measuring and managing the value of companies2,261 cited
  • 1996Real Options: Managerial Flexibility and Strategy in Resource Allocation2,220 cited
  • 1991Valuation: Measuring and Managing the Value of Companies.1,382 cited
  • 1996Real options: Managerial flexibility and strategy in resource allocation1,241 cited
  • 1987Efficient Analytic Approximation of American Option Values1,128 cited
  • 1988Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases

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814 cited

Cited by

  • 2006Oil and energy price volatility325 cited
  • 2005Decision analysis in energy and environmental modeling: An update266 cited
  • 2005Using Binomial Decision Trees to Solve Real-Option Valuation Problems246 cited
  • 2010An Approximate Dynamic Programming Approach to Benchmark Practice-Based Heuristics for Natural Gas Storage Valuation163 cited
  • 2004Perspective on Decision Analysis Applications, 1990–2001153 cited
  • 2005Alternative Approaches for Solving Real-Options Problems148 cited
  • 2009A long-term view of worldwide fossil fuel prices140 cited
  • 2006The valuation of multidimensional American real options using the LSM simulation method126 cited
  • 2001Optimal exploration investments under price and geological‐technical uncertainty: a real options model123 cited
  • 2005Technology Competition and Optimal Investment Timing: A Real Options Perspective117 cited
  • 2005Adapting Real Options to New Product Development by Modeling the Second Toyota Paradox110 cited
  • 2007Discrete time modeling of mean-reverting stochastic processes for real option valuation106 cited
  • 2005Decision Analysis and Real Options: A Discrete Time Approach to Real Option Valuation97 cited
  • 2006Project options valuation with net present value and decision tree analysis95 cited
  • 2010Real Options and Strategic Investment Decisions: Can They Be of Use to Scholars?86 cited
  • 2010Crude oil market efficiency and modeling: Insights from the multiscaling autocorrelation pattern84 cited