Index Catalog // ScholarsArchive@OSU

Start Over

Filtering by: Keyword Individual-based model Creator Ching Ta, Chung

Participation in Vessel Buyback Programs: An Option Value Model of the Vessel-Scrapping Decision

Creator:

Ching-Ta, Chung, Lee, Yao-Hsien, and Chen, Chin-Chen

Abstract:

This paper develops an option value model to examine vessel owners in deciding to participate or not in the vessel buyback program. The model accounts for the uncertainty generally involved in a decision to retire an aged vessel and the underlying value of waiting for new information about the profitability...

Resource Type:

Research Paper

Full Text:

Based Fisheries Management Participation in Vessel Buyback Programs: An Option Value Model of the