Data/hora: 01/06/2024 03:27:13

Provedor de dados: | 31
País: | United States
Título: | Including Risk in Economic Feasibility Analyses: The Case of Ethanol Production in Texas
Autores: | Richardson,   James W.; Herbst,   Brian K.; Outlaw,   Joe L.; Gill,   Robert Chope, II.
Data: | 2010-05-21
Ano: | 2007
Palavras-chave: | Economic feasibility analysis; Ethanol feasibility; Risk management; Stochastic simulation; Agribusiness; Research and Development/Tech Change/Emerging Technologies.
Resumo: | The widespread use of personal computers and spreadsheet models for feasibility studies makes risk-based Monte Carlo simulation analysis of proposed investments a relatively simple task. Add-in simulation packages for Microsoft® Excel can be used to make spreadsheet models stochastic. Rather than basing investment decisions on point estimates, investors can easily estimate the implied distributions of returns for uncertain investments and calculate the risk of an investment as well as the probability of success. The benefits of using Monte Carlo simulation to analyze a risky investment are demonstrated using an ethanol plant as an example.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

0738-8950

http://purl.umn.edu/62291

Relação: | Journal of Agribusiness&gt;Volume 25, Number 2, Fall 2007
Formato: | 18