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Financial Options

  • David G. CarmichaelEmail author
Chapter
Part of the Management in the Built Environment book series (MABUEN)

Abstract

Appendix 1.5 of Chap. 1 shows the relationship between a Black-Scholes European call option and the book’s approach leading to the Carmichael equation, Eq. (1.1) [2].

References

  1. 1.
    Carmichael DG (2014) Infrastructure investment: an engineering perspective. CRC Press, Taylor and Francis, LondonCrossRefGoogle Scholar
  2. 2.
    Carmichael DG, Hersh AM, Parasu P (2011) Real options estimate using probabilistic present worth analysis. Eng Econ 56(4):295–320Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  1. 1.Civil and Environmental EngineeringUNSW AustraliaSydneyAustralia

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