Simple item page
 

A PPP Projects Valuation: Real Options, Competition and Anchoring Bias

dc.abstract.enThis paper presents an integrated mathematical model for the evaluation of public-private partnership (PPP) projects, taking into account uncertainty, anchoring bias, and potential competition that may affect such investments. Before committing to a PPP project, private firms must carefully consider public opinion, as well as manage the uncertainty and possible competitive dynamics that may arise in the future. Anchoring bias is a cognitive bias in which investors have trust in a particular piece of market information, known as the anchor, when forming their investment decisions. Specifically, the paper combines the real options approach with game theory to account for competition and Natural Language Processing (NLP) techniques to capture the impact of market information disclosure. The result is an integrated model that serves as a decision-making tool for evaluating investments in PPP projects.
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Ekonomii i Polityki Gospodarczej w Agrobiznesie
dc.contributor.authorAnyebe, Daniel
dc.contributor.authorDi Bari, Antonio
dc.contributor.authorSantoro, Domenico
dc.contributor.authorVillani, Giovanni
dc.date.accessioned2025-11-17T09:15:26Z
dc.date.available2025-11-17T09:15:26Z
dc.date.issued2025
dc.description.bibliographybiobliogr.
dc.description.financepublication_nocost
dc.description.financecost0,00
dc.identifier.doi10.1007/s10614-025-11109-6
dc.identifier.eissn1572-9974
dc.identifier.issn0927-7099
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/5920
dc.languageen
dc.relation.ispartofComputational Economics
dc.rightsClosedAccess
dc.sciencecloudnosend
dc.subject.enoptions game approach
dc.subject.enPPP projects
dc.subject.enNLP
dc.subject.encompetition
dc.subject.enanchoring bias
dc.subtypeArticleEarlyAccess
dc.titleA PPP Projects Valuation: Real Options, Competition and Anchoring Bias
dc.typeJournalArticle
dspace.entity.typePublication