Open AccessValuation of Natural Resources
Author(s) -
V Carlos Maquieira
Publication year - 2020
Publication title -
estudios de administración/estudios de administración
Language(s) - English
Resource type - Journals
eISSN - 0719-0816
pISSN - 0717-0653
DOI - 10.5354/0719-0816.1995.56698
Subject(s) - valuation (finance) , natural resource , economics , perspective (graphical) , actuarial science , management science , computer science , accounting , political science , artificial intelligence , law
This article reviews the most important studies related to the problem of valuing investments on natural resources. We first consider some of the models developed in economics and then we focus on the most recent models which are based on a private evaluation perspective. Using the contingent claims analysis, the models are built on financial principles under uncertainty conditions.