Real-Options Management of Oil Palm Plantations under Price Shocks

Khabarov, N. ORCID: https://orcid.org/0000-0001-5372-4668 & Obersteiner, M. ORCID: https://orcid.org/0000-0001-6981-2769 (2022). Real-Options Management of Oil Palm Plantations under Price Shocks. In: Systems Analysis for Reducing Footprints and Enhancing Resilience, 16-17 November, 2022, Vienna, Austria.

[thumbnail of Real-Options Management of Oil Palm Plantations under Price Shocks.pdf]
Preview
Text
Real-Options Management of Oil Palm Plantations under Price Shocks.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial.

Download (74kB) | Preview

Abstract

Depending on the access to finance and the scale of the price shock, a company may decide to reduce fertilizer application rates and also suspend re-planting activities even if such suspension implies a shrinkage of the total company’s cultivated area. If the access to finance is limited, the implications of the fertilizer reduction and no-replanting enforced by a low price period may tangibly deteriorate the company’s value and potentially lead to bankruptcy.

Item Type: Conference or Workshop Item (Poster)
Research Programs: Advancing Systems Analysis (ASA)
Advancing Systems Analysis (ASA) > Exploratory Modeling of Human-natural Systems (EM)
Depositing User: Michaela Rossini
Date Deposited: 14 Nov 2022 11:37
Last Modified: 14 Nov 2022 11:37
URI: https://pure.iiasa.ac.at/18372

Actions (login required)

View Item View Item