Browsing by Subject "Valuation"
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Equilibrium and Real Options in the Ethanol Industry: Modelling and Empirical Evidence
(Journal of Commodity MarketsElsevier B.V., 2022)In the last twenty years a large number of competitive ethanol rms have estab- lished operations in the US. Ethanol, produced from corn, is blended with pure gasoline to produce fuel. Producers hold an option to turn o ...