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An Exit and Entry Study of Renewable Power Producers: A Real Options Approach

by K Jo Min , Chenlu Lou , Chung-Hsiao Wang , Louisville Gas
"... Abstract In recent years, there has been a substantial increase of renewable power production sites. However, such sites operated in the 1980's were often abandoned in the 1990's in a massive scale with their remnants still visible. Hence, it is highly desirable to understand the exit and ..."
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Abstract In recent years, there has been a substantial increase of renewable power production sites. However, such sites operated in the 1980's were often abandoned in the 1990's in a massive scale with their remnants still visible. Hence, it is highly desirable to understand the exit

The Exit-Voice Tradeoff in the Labor Market: Unionism, Job Tenure, Quits and Separations

by Richard B. Freeman - Quarterly Journal of Economics , 1980
"... This paper examines the effect of trade unionism on the exit behavior of workers in the context of Hirschman's exit-voice dichotomy. Unionism is expected to reduce quits and permanent separations and raise job tenure by providing a "voice " alternative to exit when workers are dissati ..."
Abstract - Cited by 27 (2 self) - Add to MetaCart
a voice institution for expressing discontent, they should use the exit option less frequently and thus exhibit lower quit rates and longer spells of job tenure with firms. Is unionism associated with lower quit rates and higher job tenure of workers, as predicted by the model? Po what extent can

Spectrum license auctions with exit (and call) options: Alternative

by Luke Hua, Elmar G. Wolfstetterb
"... remedies for the exposure problemI ..."
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remedies for the exposure problemI

Coalitional Bargaining with Externalities and Endogenous Exit

by Francis Bloch, Armando Gomes, Francis Bloch Arm, O Gomes Y , 2003
"... This paper proposes a model of coalitional bargaining based on strategic interaction across coalitions, where players endogenously choose whether to exit. This formulation is general enough to study the formation of coalitions and the distribution of gains from cooperation in a wide variety of e ..."
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This paper proposes a model of coalitional bargaining based on strategic interaction across coalitions, where players endogenously choose whether to exit. This formulation is general enough to study the formation of coalitions and the distribution of gains from cooperation in a wide variety

Real Options in Capital Budgeting. Pricing the Option to Delay and the Option to Abandon a Project

by Nicoleta Vintilã
"... Abstract. Traditional discounted cash-flows method for assessing projects assumes that investment decision is an irreversible one, which is not correct. Managers can and must reconsider their initial decision as the new information arises during the project life. This is managerial flexibility and i ..."
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the characteristics and valuation methodologies of real options. The objective in the last section is pricing the option to delay and the option to abandon a project in construction materials field. Key words: capital budgeting; real options; managerial flexibility, timing options; exit options.

Exit and Voice in a Marriage Market

by Akiko Maruyama, Takashi Shimizu, Kazuhiro Yamamoto , 2009
"... In this paper, we present a model in which agents choose voice, exit, or stay options when their marital condition becomes bad. The voice option can be interpreted as a spouses e¤ort or investment in the household to resolve his/her dissatisfaction and improve the marital condition. If a spouse ho ..."
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In this paper, we present a model in which agents choose voice, exit, or stay options when their marital condition becomes bad. The voice option can be interpreted as a spouses e¤ort or investment in the household to resolve his/her dissatisfaction and improve the marital condition. If a spouse

Flowfield Measurements for Film-Cooling Holes With Expanded Exits

by K. Thole, M. Gritsch, A. Schulz, S. Wittig
"... One viable option to improve cooling methods used for gas turbine blades is to optimize the geometry of the film-cooling hole. To optimize that geometry, effects of the hole geometry on the complex jet-in-crossflow interaction need to be understood. This paper presents a comparison of detailed flowf ..."
Abstract - Cited by 30 (7 self) - Add to MetaCart
One viable option to improve cooling methods used for gas turbine blades is to optimize the geometry of the film-cooling hole. To optimize that geometry, effects of the hole geometry on the complex jet-in-crossflow interaction need to be understood. This paper presents a comparison of detailed

When Hedge Funds Block the Exits

by Andrew Ang, Nicolas P. B. Bollen, Francis Longstaff, Hans Stoll, Jacob Sagi, Neng Wang , 2010
"... The ability of hedge fund investors to exit a fund by exchanging ownership for cash at the prevailing NAV is often blocked by lockups and notice periods. We model the exit decision as a real option and incorporate lockups and notice periods as exercise restrictions. We compute the cost of these rest ..."
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The ability of hedge fund investors to exit a fund by exchanging ownership for cash at the prevailing NAV is often blocked by lockups and notice periods. We model the exit decision as a real option and incorporate lockups and notice periods as exercise restrictions. We compute the cost

Entry and Exit Strategies in Migration Dynamics

by Sergio Vergalli , 2007
"... This work is devoted to study the role of combined entry and exit strategies in the migration process. It develops a real option model in which the community of immigrants in the host country is described as a club and the immigrant’s benefits is an inverse U-shaped function, depending on the dimens ..."
Abstract - Cited by 4 (2 self) - Add to MetaCart
This work is devoted to study the role of combined entry and exit strategies in the migration process. It develops a real option model in which the community of immigrants in the host country is described as a club and the immigrant’s benefits is an inverse U-shaped function, depending

Online search for Offline Partners Matching platforms as tools of empowerment and retraditionalization

by Hans Geser , 2007
"... 2. The growing demand for artificial partner-seeking procedures in contemporary societies................. 3 3. Effortless accessibility and high compatibility with other activities and roles...................................... 4 4. Ready exit options............................................... ..."
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2. The growing demand for artificial partner-seeking procedures in contemporary societies................. 3 3. Effortless accessibility and high compatibility with other activities and roles...................................... 4 4. Ready exit options
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