Real options for determining optimum time systems sylvopastoral: investment analysis
In this work we assess, from an economic and financial perspective, the optimal time of timberharvest in joint forestry-pasture systems. For this we apply a Real Options (RO) approach as a tool ofstrategic decision making. It assumes a stochastic process of price projections and is compared with the...
Main Authors: | , , |
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Format: | Online |
Language: | spa |
Published: |
Instituto de Ecología, A.C.
2013
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Online Access: | https://myb.ojs.inecol.mx/index.php/myb/article/view/329 |