Pricing real abandonment options on several R\&D investment projects

DOI10.1007/s00500-007-0162-2zbMath1147.91333OpenAlexW2113386219MaRDI QIDQ2466732

Simon H. Yen, Kuo-Ren Lou, Ming-Cheng Wu

Publication date: 16 January 2008

Published in: Soft Computing (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00500-007-0162-2

zbMATH Keywords

managerial flexibilityresearch and developmentcapital budgetingreal abandonment options

Mathematics Subject Classification ID

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

Cites Work

• The Pricing of Options and Corporate Liabilities
• Martingales and arbitrage in multiperiod securities markets
• Evaluating leases with complex operating options
• The option value of advanced R\&D
• The Numerical Evaluation of Certain Multivariate Normal Integrals

This page was built for publication: Pricing real abandonment options on several R\&D investment projects