"1" . . . "SE - \u0160v\u00E9dsk\u00E9 kr\u00E1lovstv\u00ED" . "\u010Cul\u00EDk, Miroslav" . "8" . . "This paper is focused on a project valuation with embedded portfolio of real options. Portfolio includes selected types of European-type options: option to expand, contract a project, option to abandon a project and option to shut down and restart a project. Valuation is based on the simulation basis; results are compared on Value at Risk measure basis. First, the project is valued if no option is taken into account. Next, selected real options in isolation are valued. In the end, results are compared and discussed."@en . "INVESTMENT PROJECT VALUATION AS A PORTFOLIO OF REAL OPTIONS"@en . . "Real option; underlying asset; exercise price; intrinsic value; payoff function; simulation; Cholesky algorithm; density function; distribution function; Value at Risk; Expected shortfall."@en . . . . "INVESTMENT PROJECT VALUATION AS A PORTFOLIO OF REAL OPTIONS"@en . "RIV/61989100:27510/08:00018585!RIV09-GA0-27510___" . . "P\u0159\u00EDsp\u011Bvek je zam\u011B\u0159en na ocen\u011Bn\u00ED projektu s portfoliem re\u00E1ln\u00FDch opc\u00ED. Portfolio zahrnuje vybran\u00E9 typy evropsk\u00FDch opc\u00ED: opci na roz\u0161\u00ED\u0159en\u00ED, opci na z\u00FA\u017Een\u00ED, opci na opu\u0161t\u011Bn\u00ED a opci na do\u010Dasn\u00E9 p\u0159eru\u0161en\u00ED. Ocen\u011Bn\u00ED je zalo\u017Eeno na simula\u010Dn\u00EDm p\u0159\u00EDstupu, v\u00FDsledky jsou porovn\u00E1ny dle krit\u00E9ria Value at Risk. nejprve je provedeno ocen\u011Bn\u00ED bez mo\u017Enosti budouc\u00EDch z\u00E1sah\u016F. pot\u00E9 je provedeno ocen\u011Bn\u00ED jednotliv\u00FDch typ\u016F opc\u00ED, nakonec je provedeno porovn\u00E1n\u00ED v\u00FDsledk\u016F."@cs . "P(GP402/07/P121)" . . "INVESTMENT PROJECT VALUATION AS A PORTFOLIO OF REAL OPTIONS" . . "Ocen\u011Bn\u00ED investi\u010Dn\u00EDho projektu jako portfolia re\u00E1ln\u00FDch opc\u00ED (simula\u010Dn\u00ED p\u0159\u00EDstup)"@cs . . "27510" . "1"^^ . "1"^^ . "373250" . "This paper is focused on a project valuation with embedded portfolio of real options. Portfolio includes selected types of European-type options: option to expand, contract a project, option to abandon a project and option to shut down and restart a project. Valuation is based on the simulation basis; results are compared on Value at Risk measure basis. First, the project is valued if no option is taken into account. Next, selected real options in isolation are valued. In the end, results are compared and discussed." . "Ocen\u011Bn\u00ED investi\u010Dn\u00EDho projektu jako portfolia re\u00E1ln\u00FDch opc\u00ED (simula\u010Dn\u00ED p\u0159\u00EDstup)"@cs . "[A0D9064D2DF3]" . . . . "European Journal of Management" . "9"^^ . "RIV/61989100:27510/08:00018585" . . . . . . . . "INVESTMENT PROJECT VALUATION AS A PORTFOLIO OF REAL OPTIONS" . . . "1555-4015" .