README

This CD contains multiple versions of the New Airport Runway Model and the New Airport
Terminal Model as described in

	Tackling Uncertainty in Airport Design
	Master's Thesis, Massachusetts Institute of Technology
	Cambridge, MA 2007
	Author: Richard-Duane Chambers
	Supervisor: R. de Neufville

Both Models are designed for preliminary evaluation of varying airport development
strategies and applicable real options.  They are designed to demonstrate the methods
for valuing options and should therefore be useful within classroom contexts.

The following files are included:

In "Current versions" Folder:

	RunwayModel vDefault	-	Default version of Runway Model for general use
	TerminalModel vDefault	-	Default version of Terminal Model for general use

In "Sample files" Folder

	RunwayModel vLisbon	-	Runway Model: Lisbon Airport Scenario	
	TerminalModel vLisbon	-	Terminal Model: Lisbon Airport Scenario
	TerminalModel vLCC0	-	Terminal Model: Regional Development Scenario, w/o option
	TerminalModel vLcc1	-	Terminal Model: Regional Development Scenario, w/option
	
	TerminalModel vDefer0	-	Terminal Model as used to evaluate deferral, w/o option
	TerminalModel vDefer1	-	Terminal Model as used to evaluate deferral, w/ option
	TerminalModel vSwitch0	-	Terminal Model as used to evaluate switching, w/o option
	TerminalModel vSwitch1	-	Terminal Model as used to evaluate switching, w option
	TerminalModel vExpand0	-	Terminal Model as used to evaluate expansion, w/o option
	TerminalModel vExpand1	-	Terminal Model as used to evaluate expansion, w/ option