15 |
Chiara & Garvin (2008CHIARA N & GARVIN MJ. 2008. Variance Models for Project Financial Risk Analysis with Applications to Greenfield BOT Highway Projects. Construction Management and Economics , 26: 925-939.) |
CME |
Uncertainty & Investment |
Numerical methods: Monte Carlo simulation |
Highway PPP |
20 |
Cucchiella et al. (2008CUCCHIELLA F, D’ADAMO I & GASTALDI M. 2008. Highway Project Management Through Real Option. International Conference on Applied Economics: 217-223.) |
ICAE |
Uncertainty & Investment |
Multi-stage stochastic model |
Highway PPP |
34 |
Krüger (2012KRÜGER NA. 2012. The Impact of Stochastic Properties of Traffic Demand on Real Option Value in Road Projects. Centre for Transport Studies Working Paper, 17: 1-32.) |
CTSWP |
Uncertainty & Investment |
Numerical Methods |
Railway PPP |
25 |
Doan & Menyah (2013DOAN P & MENYAH K. 2013. Impact of Irreversibility and Uncertainty on the Timing of Infrastructure Projects. Journal of Construction Engineering and Management , 139(3): 331-338.) |
JCEM |
Uncertainty & Investment |
Numerical methods: Lattice approach |
Highway PPP |
41 |
Park et al. (2013PARK T, KIM B & KIM H. 2013. Real Option Approach to Sharing Privatization Risk in Underground Infrastructures. Journal of Construction Engineering and Management , 139(6): 685-693.) |
JCEM |
Uncertainty & Investment |
Numerical methods: Monte Carlo simulation |
Highway PPP |
28 |
Gao & Driouchi (2013GAO Y & DRIOUCHI T. 2013. Incorporating Knightian Uncertainty into Real Options Analysis: Using Multiple-Priors in the Case of Rail Transit Investment. Transportation Research Part B, 55: 23-40.) |
TS |
Uncertainty & Investment |
Numerical methods |
Highway PPP |
43 |
Rakic & Radenovic (2014RAKIC B & RADENOVIC T. 2014. Real Options Methodology in Public-Private Partnership Projects Valuation. Economic Annals, LIX(200): 91-113.) |
EA |
Uncertainty & Investment |
Numerical methods: Lattice approach |
Highway PPP |
36 |
Lv et al. (2015LV J, YE G, LIU W, SHEN L & WANG H. 2015. Alternative Model for Determining the Optimal Concession Period in Managing BOT Transportation Projects. Journal of Management in Engineering, 31(4): 1-7.) |
JME |
Uncertainty & Investment |
Numerical methods |
Highway PPP |
10 |
Blank et al. (2016BLANK FF, SAMANEZ CP, BAIDYA TKN & DIAS MAG. 2016. Economic Valuation of a Tool Road Concession with Traffic Guarantees and the Abandonment Option. Production, 26(1): 3953.) |
P |
Uncertainty & Investment |
Numerical methods: Monte Carlo simulation |
Highway PPP |
27 |
Galera et al. (2018GALERA AL, SOLIÑO AS & ABAD BG. 2018. Sharing Risks in Toll Motorway Concessions: Subsidies as Real Options on Traffic Volume. Journal of Infrastructure Systems , 24(4): 1-8.) |
JIS |
Uncertainty & Investment |
Numerical methods: Monte Carlo simulation |
Highway PPP |
50 |
Torres-Rincon et al. (2020)TORRES-RINCÓN S, VILLARRAGA DF & SÁNCHEZ-SILVA M. 2020. Conceptual and Numerical Analysis of Flexibility in Infrastructure Systems. Journal of Infrastructure Systems , 26(2): 1-18.
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JIS |
Uncertainty & Investment |
Numerical methods: Monte Carlo simulation |
Highway PPP |
47 |
Silaghi & Sarkar (2020) |
EJOR |
Uncertainty & Investment |
Numerical methods |
Highway/Railway PPP |
49 |
Thijssen (2022THIJSSEN JJJ. 2022. Optimal Investment and Abandonment Decisions for Projects with Construction Uncertainty. European Journal of Operational Research , 298(1): 368-379.) |
EJOR |
Uncertainty & Investment |
Numerical methods: Solutions by differential equations |
Railway PPP |
33 |
Kitabatake (2002KITABATAKE Y. 2002. Real Options Analysis of the Minami Alps Forest Road Construction Project: New Valuation Approach to Social Infrastructure Project with Sequential Unit Projects. Environmental Economics and Policy Studies, 5: 261-290.) |
EEPS |
Valuation Models & Other |
Numerical methods |
Highway PPP |
13 |
Cheah & Liu (2006CHEAH CYJ & LIU J. 2006. Valuing Governmental Support in Infrastructure Projects as Real Options Using Monte Carlo Simulation. Construction Management and Economics, 24: 545-554.) |
CME |
Valuation Models & Other |
Numerical methods: Monte Carlo simulation |
Highway PPP |
14 |
Chiara et al. (2007CHIARA N, GARVIN MJ & VECER J. 2007. Valuing Simple Multiple-Exercise Real Options in Infrastructure Projects. Journal of Infrastructure Systems , 13(2): 97-104.) |
JIS |
Valuation Models & Other |
Numerical methods: Monte Carlo simulation |
Highway PPP |
21 |
Cui et al. (2008CUI Q, JOHNSON P, QUICK A & HASTAK M. 2008. Valuing the Warranty Ceiling Clause on New Mexic Highway 44 Using a Binomial Lattice Model. Journal of Construction Engineering and Management, 134(1): 10-17.) |
CME |
Valuation Models & Other |
Numerical methods: Lattice approach |
Highway PPP |
55 |
Zhang et al. (2010ZHANG G, GUO J, CHAI G, GONG L & WANG X. 2010. Frontiers of Computer Science in China Journal, 4(2): 263-270.) |
FCSCJ |
Valuation Models & Other |
Numerical methods: Monte Carlo simulation |
Highway PPP |
3 |
Almassi et al. (2013ALMASSI A, MCCABE B & THOMPSON M. 2013. Real Options-Based Approach for Valuation of Government Guarantees in Public-Private Partnerships. Journal of Infrastructure Systems, 19(2): 196-204.) |
JIS |
Valuation Models & Other |
Numerical methods: Monte Carlo simulation |
Highway PPP |
30 |
Huang & Pi (2014) |
JCEM |
Valuation Models & Other |
Numerical methods |
Highway PPP |
26 |
Fitch et al. (2018FITCH GJ, ODEH I, KAUTZ F & IBBS CW. 2018. System Dynamics Models for the Valuation of Real Options in P3 Concession Project Agreements. Journal of Infrastructure Systems , 24(1): 1-13.) |
JIS |
Valuation Models & Other |
Analytical methods: Closed solutions |
Highway PPP |
54 |
Vasudevan et al. (2018VASUDEVAN V, PRAKASH P & SAHU B. 2018. Options Framework and Valuation of Highway Infrastructure under Real and Financial Uncertainties. Journal of Infrastructure Systems, 24(3): 1-9.) |
JIS |
Valuation Models & Other |
Numerical methods: Lattice approach |
Highway PPP |
32 |
Jin et al. (2021JIN H, LIU S, SUN J & LIU C. 2021. Determining Concession Periods and Minimum Revenue Guarantees in Public-Private-Partnership Agreements. European Journal of Operational Research , 291(2): 512-524.) |
EJOR |
Valuation Models & Other |
Numerical methods: Monte Carlo simulation |
Highway PPP |