Project description

This research elucidates the importance of real options in strategic investment decisions with as as a case the potential Lebanese oil sector. TO show the superiority of real options over the standard analysis, the project of the Lebanese seabed mining is assessed using the binomial trees as a valuation model. It appears that real options attribute greater value to the project. This value is attributed to reducing uncertainty and to increased managerial flexibility granted to the decision makers.

Researchers

Keywords

Investment policy Renewable energy policy Technology policy Public policy by country