Publications
Publications
- February 2003 (Revised October 2004)
- HBS Case Collection
Antamini Simulation Model
By: Peter Tufano
Abstract
Antamini is a simulation of the value of an investment project whose outcome is uncertain. This case describes the situation facing a natural resource firm as it contemplates bidding on a copper mine in Peru. The bidder faces uncertainties about the ore deposit size and copper prices as well as a peculiar set of bidding rules set up by the Peruvian government. The model is a simplified and stylized representation of the actual problem facing the bidder. Uses Crystal Ball (CB), an Excel Add-In, to simulate the uncertainty facing the bidder, using Monte Carlo analysis. The instructions for downloading, installing, and running the model are included.
Keywords
Citation
Tufano, Peter. "Antamini Simulation Model." Harvard Business School Background Note 203-083, February 2003. (Revised October 2004.)