Capacity Choice in (Strategic) Real Options Models: A Survey
نویسندگان
چکیده
منابع مشابه
Strategic Real Options∗
I introduce a strategic seller to a standard model of real options. A privately informed seller, such as a startup, tries to court a forward-looking buyer, such as a venture capitalist. The buyer learns gradually about the seller’s quality, high or low, through exogenous news and can “adopt” the seller at any time. The seller pays a flow cost but can exit or privately upgrade its quality at any...
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The research addresses the management dilemma of a decrease in the number of capital project investments, due to the current methods of capital budgeting (i.e. net present value analysis using discounted cash flows) being ineffective, because it does not effectively deal with uncertainty in the investment, and also does take management's flexibility into account. It has been determined that a s...
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ژورنال
عنوان ژورنال: Dynamic Games and Applications
سال: 2015
ISSN: 2153-0785,2153-0793
DOI: 10.1007/s13235-015-0162-2