- Tytuł:
- Quantitative methods in the risk analysis on the example of the oil sector
- Autorzy:
- Byrska-Rąpała, A.
- Powiązania:
- https://bibliotekanauki.pl/articles/94979.pdf
- Data publikacji:
- 2012
- Wydawca:
- Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Wydawnictwo Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie
- Tematy:
-
fair market value
hyperbolic lognormal distribution
exponential utility function
risk tolerance level
equivalent of certainty
real option
godziwa wartość rynkowa
opcja realna
ekwiwalent pewności
poziom tolerancji ryzyka - Opis:
- The geological object (deposit) is a specific type of asset of mining enterprise which cannot be quantitatively or qualitatively interchangeably measured. In spite of rapid development of geological and economic sciences, still none of universal method of evaluation of value of resources has been settled yet. In the article, on the example of the oil sector, author described chosen methods of the mathematical statistics and the financial mathematics tools, which are used in the risk assessment related to estimating the fair market value of hydrocarbons. In the article the following subjects are presented: - the hyperbolic lognormal distribution in the exploration risk assessment, - the exponential utility function and the evaluation of the real option in the economic risk assessment. For each area of risk assessment is to recommend software. Statistical methods and the financial engineering used in estimating the fair value of the properties, are from many years the topic of numerous scientific publications and research. Many of the studies has indicated the importance of mathematical methods in solving problems in the area, where not long ago intuition and experience of evaluator of deposit were mainstream.
- Źródło:
-
Information Systems in Management; 2012, 1, 3; 171-183
2084-5537
2544-1728 - Pojawia się w:
- Information Systems in Management
- Dostawca treści:
- Biblioteka Nauki
Artykuł