the increasing dependency of many businesses with information technology (it)and the high percentage of the it investment in all invested capital in businessenvironment ask for more attention to this important driver of business. thelimitation of capital budget forces the managers to look for more wise investment init. there are many cost-cutting techniques in the literature and each of them ha...

We extend the Arrow–Fisher–Hanemann–Henry (AFHH) and Dixit–Pindyck (DP) option values to a game situation. By reinterpreting the AFHH option value as a change in the surplus from conservation because of the prospect of future information, we deal with a conceptual difficulty associated with the AFHH option value in the presence of strategic interactions. We then introduce the DP option value in...

a number of theories about the hest method of allocating assets have been developed over the years, managers are concernd about allocating scarce resources, mainly capital, in most productive way. managers want to ensure that the return from the invested resources exceeds the cost of resources finanical theories and finanicial strategies try to facilitate creating optimum value for investors in...