{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,3,19]],"date-time":"2026-03-19T18:19:52Z","timestamp":1773944392536,"version":"3.50.1"},"reference-count":15,"publisher":"World Scientific Pub Co Pte Lt","issue":"03","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Int. J. Info. Tech. Dec. Mak."],"published-print":{"date-parts":[[2006,9]]},"abstract":"<jats:p>An electricity tolling agreement (or, tolling contact) is a supply contract in which the buyer reserves the right to take the output of an underlying electricity generation asset by paying a predetermined premium to the asset owner. We propose a real options approach to value a tolling contract incorporating operational characteristics of the generation asset and contractual constraints. Dynamic programming and value function approximation by Monte Carlo based least-squares regression are employed to solve the valuation problem. The effects of different electricity price assumptions on the valuation of tolling contracts are examined through numerical examples.<\/jats:p>","DOI":"10.1142\/s0219622006002039","type":"journal-article","created":{"date-parts":[[2006,10,2]],"date-time":"2006-10-02T11:02:56Z","timestamp":1159786976000},"page":"421-436","source":"Crossref","is-referenced-by-count":26,"title":["A REAL OPTIONS APPROACH FOR PRICING ELECTRICITY TOLLING AGREEMENTS"],"prefix":"10.1142","volume":"05","author":[{"given":"SHI-JIE","family":"DENG","sequence":"first","affiliation":[{"name":"School of Industrial &amp; Systems Engineering, Georgia Institute of Technology, 765 Ferst Drive, Atlanta, GA 30332, USA"}]},{"given":"ZHENDONG","family":"XIA","sequence":"additional","affiliation":[{"name":"BP Energy Company, Houston, TX, USA"}]}],"member":"219","published-online":{"date-parts":[[2011,11,20]]},"reference":[{"key":"rf1","doi-asserted-by":"publisher","DOI":"10.1086\/260062"},{"key":"rf2","doi-asserted-by":"publisher","DOI":"10.2307\/2331019"},{"key":"rf3","doi-asserted-by":"publisher","DOI":"10.1016\/S0167-6687(96)00004-2"},{"key":"rf4","volume-title":"Energy Derivatives \u2014 Pricing and Risk Management","author":"Clewlow L.","year":"2000"},{"key":"rf5","doi-asserted-by":"publisher","DOI":"10.1016\/0304-405X(79)90015-1"},{"key":"rf7","doi-asserted-by":"publisher","DOI":"10.1016\/S0167-9236(00)00112-3"},{"key":"rf8","doi-asserted-by":"crossref","first-page":"155","DOI":"10.1017\/S0269964803172014","volume":"17","author":"Deng S. J.","journal-title":"Probability in the Engineering and Informational Sciences"},{"key":"rf9","doi-asserted-by":"crossref","DOI":"10.1515\/9781400830176","volume-title":"Investment under Uncertainty","author":"Dixit A. K.","year":"1994"},{"key":"rf10","doi-asserted-by":"publisher","DOI":"10.1016\/0022-0531(79)90043-7"},{"key":"rf11","doi-asserted-by":"publisher","DOI":"10.1137\/S0036144500378302"},{"key":"rf12","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/14.1.113"},{"key":"rf13","doi-asserted-by":"publisher","DOI":"10.2307\/3003143"},{"key":"rf14","author":"Tsitsiklis J. N.","journal-title":"IEEE Transactions on Neural Networks"},{"key":"rf15","doi-asserted-by":"publisher","DOI":"10.1016\/j.tej.2004.04.004"},{"key":"rf16","volume-title":"Power Generation, Operation and Control","author":"Wood A.","year":"1984"}],"container-title":["International Journal of Information Technology &amp; Decision Making"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.worldscientific.com\/doi\/pdf\/10.1142\/S0219622006002039","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2020,4,18]],"date-time":"2020-04-18T11:14:44Z","timestamp":1587208484000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.worldscientific.com\/doi\/abs\/10.1142\/S0219622006002039"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2006,9]]},"references-count":15,"journal-issue":{"issue":"03","published-online":{"date-parts":[[2011,11,20]]},"published-print":{"date-parts":[[2006,9]]}},"alternative-id":["10.1142\/S0219622006002039"],"URL":"https:\/\/doi.org\/10.1142\/s0219622006002039","relation":{},"ISSN":["0219-6220","1793-6845"],"issn-type":[{"value":"0219-6220","type":"print"},{"value":"1793-6845","type":"electronic"}],"subject":[],"published":{"date-parts":[[2006,9]]}}}