Browsing by Author "Bendall, Helen B"

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  • Ship investment under uncertainty: A real option approach 

    Bendall, Helen B; Stent, Alan F
    Discounted cash flow (DCF) methodology has long been advocated as the appropriate theoretical underpinning for maritime investments (Bendall, 1979; Evans, 1984; Gardner, Goss and Marlow, 1984). However, its limitations are ...