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Document
Research report

COG-FPOM: adapted fuzzy pay-off method for real options valuation : application in the abandonment decision of petroleum producing fields

Université de Fribourg

  • Borges, R.E.P.
  • Meier, Andreas
    01.07.2017

16

English This paper presents the COG-FPOM, a model based on the Fuzzy Pay-Off Method (FPOM). The FPOM is a scenario-based real option valuation method that uses fuzzy numbers as possibility distributions. The paper shows an unexpected result generated by the original FPOM, in which the real option would have a negative value. It further analyses its reasons and suggests a way to overcome it, by using... Show more…
Language
  • English
Identifiers
  • Local identifier 305042 RERO DOC
  • Local identifier R008690963 RERO
Classification
Computer science
Faculty
Faculté des sciences
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License
License undefined
Persistent URL
https://folia.unifr.ch/global/documents/305904