13-126/VI - A Real Option Perspective on Valuing Gas Fields

• Authors
  Lin Zhao, University of Amsterdam, Duisenberg School of Finance; Sweder van Wijnbergen, University of Amsterdam
• Publication date
  September 2, 2013

• Keywords
  real options, unhedgeable risks, volatility clustering, gas field valuation, pricing flexibility
• JEL
  C61, G31, G32, Q4