EVALUATION OF INVESTMENT DECISION USING SYSTEM DYNAMICS AND REAL OPTIONS

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ESMAEILIAN MAJID; ALIMOHAMMADI KAMALABADI MOSLEM

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ASSET MANAGEMENT AND FINANCING Year:2015 | Volume:3 | Issue:1 (8) Page(s): 1-22

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

673

Download:

Cites:

Information Journal Paper

Title

EVALUATION OF INVESTMENT DECISION USING SYSTEM DYNAMICS AND REAL OPTIONS

Author(s)

ESMAEILIAN MAJID | ALIMOHAMMADI KAMALABADI MOSLEM | Issue Writer Certificate

Keywords

INVESTMENT DECISIONQ2

SYSTEM DYNAMICQ1

REAL OPTIONQ2

GROUNDED THEORYQ1

Abstract

Evaluation of investment desicion has the decisive and key role in management discussions. Usually invest resources introduce methods such as accounting rate of return, payback period, internal rate of return and net present value (NPV) for decision making in this scope and describe the net present value as most reliable method. NPV and other traditional evaluation methods assume constant factors in investment and don’t consider uncertainty in decision making. The main objective of this study is to provide a model for evaluating INVESTMENT DECISIONs by using of SYSTEM DYNAMICs and REAL OPTION. In this study, SYSTEM DYNAMIC method with Systemic approach was used to cover the weaknesses of traditional methods such as NPV that evaluate the INVESTMENT DECISION one-dimensionally. Also, to considering the uncertainty in the investment project, REAL OPTION was applied. At the final step, REAL OPTION have been used as a scenario in designed model. GROUNDED THEORY was applied for determining the affecting variables. Obtained results showed that investing about 3*1011 Rials to creating new production capacity about 300000 units per month with reducing product sale price from 1.2 million Rials to 850000 Rials is most profitable state (scenario) of simulated model in specified time in software (end of tenth years). Also, expansion and contraction, two determined options were considered in a scenario and related results were obtained.

Cites

No record.

References

No record.

Cite

APA: Copy

ESMAEILIAN, MAJID, & ALIMOHAMMADI KAMALABADI, MOSLEM. (2015). EVALUATION OF INVESTMENT DECISION USING SYSTEM DYNAMICS AND REAL OPTIONS. JOURNAL OF ASSET MANAGEMENT AND FINANCING, 3(1 (8) ), 1-22. SID. https://sid.ir/paper/245716/en

Vancouver: Copy

ESMAEILIAN MAJID, ALIMOHAMMADI KAMALABADI MOSLEM. EVALUATION OF INVESTMENT DECISION USING SYSTEM DYNAMICS AND REAL OPTIONS. JOURNAL OF ASSET MANAGEMENT AND FINANCING[Internet]. 2015;3(1 (8) ):1-22. Available from: https://sid.ir/paper/245716/en

IEEE: Copy

MAJID ESMAEILIAN, and MOSLEM ALIMOHAMMADI KAMALABADI, “EVALUATION OF INVESTMENT DECISION USING SYSTEM DYNAMICS AND REAL OPTIONS,” JOURNAL OF ASSET MANAGEMENT AND FINANCING, vol. 3, no. 1 (8) , pp. 1–22, 2015, [Online]. Available: https://sid.ir/paper/245716/en

Related Journal Papers