Cover image for Infrastructure investment : an engineering perspective
Title:
Infrastructure investment : an engineering perspective
Author:
Carmichael, David G., 1948- author.
ISBN:
9780429071850
Edition:
First edition.
Physical Description:
1 online resource (256 pages) : 88 illustrations
Contents:
chapter 1 Introduction -- chapter 2 Benefits, costs and time value -- chapter 3 Appraisal -- chapter 4 Appraisal: Extensions and comments -- chapter 5 Background -- chapter 6 Probabilistic cash flows -- chapter 7 Real options -- chapter 8 Real option types and examples -- chapter 9 Financial options -- chapter 10 Probabilistic cash flows and interest rates -- chapter 11 Markov chains and investment analysis.
Abstract:
Established Deterministic Investment Appraisal versus Uncertainty in Investment. When it comes to investing in an infrastructure project, the conventional approach is to evaluate risk through a deterministic approach. Infrastructure Investment: An Engineering Perspective, however, takes on uncertainty in investment. Of interest to engineering consultants, government departments, financial institutions, or anyone involved in investment in infrastructure, this text provides the necessary tools for the analysis and appraisal of investment in infrastructure and other assets with uncertain futures.
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