A fitted finite volume method for real option valuation of risks in climate change

A large number of industries will experience climate change related damages with the climate change processes over the coming years. For example, the risks from sea level rising will be faced. In addition, there are a lot of uncertainties for the climate change in the future. Therefore, making decis...

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Veröffentlicht in:	Computers & mathematics with applications (1987) 2015-09, Vol.70 (5), p.1198-1219
Hauptverfasser:	Chang, Shuhua, Wang, Jing, Wang, Xinyu
Format:	Artikel
Sprache:	eng
Schlagworte:	Climate change Convergence Decisions Finite volume method Fitted finite volume method Free boundary Mathematical models Partial differential equations Power penalty method Real options Risk Risk management Sea level
Online-Zugang:	Volltext
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