In this paper, real options theory is utilized to evaluate the effect of uncertain electricity and CO2 costs on speculation conduct. Methodologically, the allegiance of the newspaper in this appreciation is that uncertainty is not just stopped down as far as stochastic processes and their fluctuation, additionally as far as expected and acknowledged procedures, i.e. the procedures, w...

Organizations are struggling with evaluating technology options, many related to complex technologies like Enterprise Resource Planning (ERP) systems. Real options theory is one way for organizations to evaluate technology options. However, real options theory for complex technologies currently lacks organization contextualization. Path dependency theory addresses why sub-optimal technologies d...

Supply chain risk uncertainty can create severe repercussions, thus it is not surprising that research interest in supply chain risk has been growing. While extant inquiry is informative, there is a lack of investigations that center on supply chain investment decisions when facing high levels of risk uncertainty. Given the potential dollar value involved in these decisions, an understanding of...

This paper investigates the connection between market valuation anda type of the merger (stock, cash) using real options setup. I solveexplicitly for the timing and terms of cash mergers in two deferent settingsto demonstrate that cash mergers generally occur at low marketvaluations, whereas stock mergers that may be observed at both low andhigh valuations; the result holds with some dierences ...