Optimal exit and valuation under demand uncertainty: a real options approach

DOI10.1016/S0377-2217(98)00259-8MaRDI QIDQ1296360zbMATH OpenFDO

Authors Luis H. R. Alvarez

Publication date 14 May 2000

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0377-2217(98)00259-8

zbMATH Keywords

optimal exit strategyoptimal stopping of linear diffusionsoption valuevaluation of stochastic cash flowsvalue function

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

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Cites work

• Demand uncertainty and the value of supply opportunities
• Exit strategies and price uncertainty: A Greenian approach
• scientific article; zbMATH DE number 942202 (Why is no real title available?)
• scientific article; zbMATH DE number 3206627 (Why is no real title available?)
• scientific article; zbMATH DE number 3287297 (Why is no real title available?)
• Investment and the Valuation of Firms When There is an Option to Shut Down
• Stochastic differential equations. An introduction with applications.
• The Price-Taker: Uncertainty, Utility, and the Supply Function

Cited in

(15)

• Exit strategies and price uncertainty: A Greenian approach
• Optimal risk adoption: a real options approach
• Capacity choice under uncertainty in a duopoly with endogenous exit
• Multidimensional auctions for long-term procurement contracts with early-exit options: the case of conservation contracts
• The optimal stopping problem revisited
• The determinant of production entry and exit model on financing behavior
• Collaboration in tool development and capacity investments in high technology manufacturing networks
• How real option disinvestment flexibility augments project NPV
• Developing real option game models
• Exit option for a class of profit functions
• Venture capital evaluation model using real options
• An optimal market entry/exit evaluation model with partial financing funds
• scientific article; zbMATH DE number 5524247 (Why is no real title available?)
• Real options and the timing of decision for the optimal location under exchange rate uncertainty
• APPLYING REAL OPTIONS AND THE MAXIMUM NPV RULE TO MARKET ENTRY/EXIT STRATEGIES

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