神戸大学金融研究会
(Monetary Economics Seminar of Kobe University)

日時:
(Date&Time)
3月1日(土)午後12時30分から (Saturday, March 1, 12:30pm〜)
報告者:
(Speaker)
Goran BERGENDAHL
所属:
(Affiliation)
Goteborg University (Sweden)
論題:
(Topic)
"Real Option and Risk Management"
概要:
(Abstract)
  1. Risk Management and Decision Analysis
    1. Typical business risks and examples.
    2. General objectives.
    3. The Treatment of Nuclear Waste in Sweden
    4. Chicago tunnel collapse
  1. Multiple objectives
    1. Location of a department store
    2. Credit losses and efficient bank managemen
    3. Data Envelopment Analysis - DEA
    4. DEA for Nordic banks
  1. Financial Risk Management
    1. Interest rate risks
    2. Currency risks
    3. Hedging in the forward market
    4. AB Elof Hansson
    5. Hedging tender offers
    6. AB Tartan
    7. Hedging stock positions
    8. Reflex Corporation
  1. Need for Real Options
  2. Options - real and financial
  3. Real options and investment decisions
  4. “Now or Never” - Drawbacks with classical methods
  5. Classical methods and risk
  6. Certainty equivalents vs. risk-adjusted discount rates
  7. Sequential investment decisions
  8. Investment in trams in Gothenburg
  9. Investment in a natural gas pipeline
  10. The freeway Halmstad - Hallandsasen
  11. When to use real options
  1. Real Options Valuation
    1. Common real options
    2. Solution methods
    3. Binomial trees
    4. A simple deferral option
    5. The Malmoe City Tunnel
    6. The future of real options valuation
会場:
(Place)
神戸大学経済経営研究所 会議室(研究所新館2階)
Meeting Room (New Building 2nd floor)
対象:
(Intended Audience)
教官、院生、および同等の知識をお持ちの方
Faculty, graduate students, and people with equivalent knowledge
備考:
(Note)

論文のコピーは開催日当日に会場にご用意いたします。
Copies of the paper will be available on that day the seminar at meeting place.
セミナー参加を希望される方は、お手数ですがご氏名、ご所属、ご連絡先(メイルアドレス)を事前に研究助成室までご連絡下さい。
If you are interested in participating, please send us, Research Assistant Section, an email including your name, affiliation, and email address beforehand.