Option premiums in mineral asset pricing: are they important?

A review of attempts to empirically quantify the “option premium” associated with optimal mineral asset management. The option premium appears to explain at most half of the observed gap between the discounted cash flow value and the market value of mineral assets, and it adds 3 percent at most to...

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Detalles Bibliográficos
Publicado en:Land Economics Vol. 72; pp. 167 - 187
Autor principal: Davis, Graham A.
Formato: Artículo
Publicado: University of Wisconsin Press May 1996
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Acceso en línea:Ver este registro en EBSCOhost