{"id":"https://openalex.org/W2056474692","doi":"https://doi.org/10.1504/ijram.2007.014092","title":"Flexibility valuation in operating mine decisions using real options pricing","display_name":"Flexibility valuation in operating mine decisions using real options pricing","publication_year":2007,"publication_date":"2007-01-01","ids":{"openalex":"https://openalex.org/W2056474692","doi":"https://doi.org/10.1504/ijram.2007.014092","mag":"2056474692"},"language":"en","primary_location":{"id":"doi:10.1504/ijram.2007.014092","doi":"https://doi.org/10.1504/ijram.2007.014092","is_oa":false,"landing_page_url":"https://doi.org/10.1504/ijram.2007.014092","pdf_url":null,"source":{"id":"https://openalex.org/S34923948","display_name":"International Journal of Risk Assessment and Management","issn_l":"1466-8297","issn":["1466-8297","1741-5241"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310317825","host_organization_name":"Inderscience Publishers","host_organization_lineage":["https://openalex.org/P4310317825"],"host_organization_lineage_names":["Inderscience Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Risk Assessment and Management","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5031460015","display_name":"Sean Dessureault","orcid":"https://orcid.org/0000-0003-1790-0075","observed_orcids":["https://orcid.org/0000-0003-1790-0075"]},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Sean Dessureault","raw_affiliation_strings":["Department of Mining and Geological Engineering, 1235 E. North Campus Drive, room 341C, The University of Arizona, Tucson, 85721 0012 AZ, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mining and Geological Engineering, 1235 E. North Campus Drive, room 341C, The University of Arizona, Tucson, 85721 0012 AZ, USA","institution_ids":["https://openalex.org/I138006243"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5038514852","display_name":"Vassilios N. Kazakidis","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I52353378","display_name":"Laurentian University","ror":"https://ror.org/03rcwtr18","country_code":"CA","type":"education","lineage":["https://openalex.org/I52353378"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Vassilios N. Kazakidis","raw_affiliation_strings":["School of Engineering, Laurentian University, Sudbury, Ontario, P3E 2C6, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Engineering, Laurentian University, Sudbury, Ontario, P3E 2C6, Canada","institution_ids":["https://openalex.org/I52353378"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5045821821","display_name":"Zachary Mayer","orcid":"https://orcid.org/0000-0001-5186-3445","observed_orcids":["https://orcid.org/0000-0001-5186-3445"]},"institutions":[{"id":"https://openalex.org/I52353378","display_name":"Laurentian University","ror":"https://ror.org/03rcwtr18","country_code":"CA","type":"education","lineage":["https://openalex.org/I52353378"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Zachary Mayer","raw_affiliation_strings":["Mineral Resources Engineering, School of Engineering, Laurentian University, Sudbury, Ontario, P3E 2C6, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Mineral Resources Engineering, School of Engineering, Laurentian University, Sudbury, Ontario, P3E 2C6, Canada","institution_ids":["https://openalex.org/I52353378"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.178,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.86541085,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"7","issue":"5","first_page":"656","last_page":"656"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.8105000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.8105000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13065","display_name":"Mining Techniques and Economics","score":0.1868000030517578,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11933","display_name":"Mining and Resource Management","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2215","display_name":"Building and Construction"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/flexibility-valuation","display_name":"flexibility valuation","score":0.800000011920929},{"id":"https://openalex.org/keywords/volatility-estimation","display_name":"volatility estimation","score":0.6399999856948853},{"id":"https://openalex.org/keywords/mining-engineering","display_name":"mining engineering","score":0.4059999883174896},{"id":"https://openalex.org/keywords/mining-operations","display_name":"mining operations","score":0.6179999709129333}],"concepts":[{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.7472676038742065},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.7404396533966064},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.7211247086524963},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.5556128025054932},{"id":"https://openalex.org/C2780598303","wikidata":"https://www.wikidata.org/wiki/Q65921492","display_name":"Flexibility (engineering)","level":2,"score":0.5205996036529541},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.47073304653167725},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.4499189257621765},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.2755586504936218},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2710999846458435},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.25479280948638916},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.11454939842224121},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1504/ijram.2007.014092","doi":"https://doi.org/10.1504/ijram.2007.014092","is_oa":false,"landing_page_url":"https://doi.org/10.1504/ijram.2007.014092","pdf_url":null,"source":{"id":"https://openalex.org/S34923948","display_name":"International Journal of Risk Assessment and Management","issn_l":"1466-8297","issn":["1466-8297","1741-5241"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310317825","host_organization_name":"Inderscience Publishers","host_organization_lineage":["https://openalex.org/P4310317825"],"host_organization_lineage_names":["Inderscience Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Risk Assessment and Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W10240802","https://openalex.org/W1548953477","https://openalex.org/W1570340314","https://openalex.org/W1981291749","https://openalex.org/W1991382542","https://openalex.org/W2077791698","https://openalex.org/W2078097567","https://openalex.org/W2088242310","https://openalex.org/W2095264571","https://openalex.org/W2126258480","https://openalex.org/W2233378021","https://openalex.org/W2529066914","https://openalex.org/W3121291570","https://openalex.org/W3123910944","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2854020367","https://openalex.org/W2139693043","https://openalex.org/W2916229749","https://openalex.org/W2170231646","https://openalex.org/W6998572558","https://openalex.org/W2620222960","https://openalex.org/W2360721677","https://openalex.org/W2092220172","https://openalex.org/W2615358418","https://openalex.org/W7097380555"],"abstract_inverted_index":{"The":[0],"introduction":[1],"of":[2,37,58,60,74],"flexibility":[3],"into":[4],"the":[5,13,17,21,35,56,65,72,89],"mine":[6],"engineering":[7],"process":[8,75],"is":[9],"required":[10],"to":[11,19,47],"counter":[12],"downturns":[14],"and":[15,76,81,91],"provide":[16],"ability":[18],"exploit":[20],"upturns":[22],"that":[23,67],"can":[24,27,68],"develop.":[25],"Flexibility":[26],"be":[28,48,69],"assessed":[29],"through":[30],"real":[31,43],"options":[32,44],"techniques.":[33],"However,":[34],"determination":[36],"volatility,":[38],"a":[39],"key":[40],"variable":[41],"in":[42,79,88],"valuation,":[45],"needs":[46],"quantified.":[49],"New":[50],"information":[51],"technologies":[52],"are":[53],"greatly":[54],"expanding":[55],"capabilities":[57],"quantification":[59],"volatility.":[61],"This":[62],"paper":[63],"presents":[64],"methods":[66],"used":[70],"for":[71],"calculation":[73],"project":[77],"volatility":[78],"operations":[80,87],"provides":[82],"practical":[83],"applications":[84],"from":[85],"mining":[86],"USA":[90],"Canada.":[92]},"counts_by_year":[{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
