Evaluating pharmaceutical R\&D under technical and economic uncertainty

DOI10.1016/j.ejor.2011.01.055zbMath1237.90148OpenAlexW2029037539MaRDI QIDQ421539

Luigi Sereno, Enrico Pennings

Publication date: 14 May 2012

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2011.01.055

zbMATH Keywords

R\&Djump-diffusion processcompound optionpharmaceutical industry

Mathematics Subject Classification ID

Case-oriented studies in operations research (90B90) Corporate finance (dividends, real options, etc.) (91G50)

Related Items (25)

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Cites Work

• The Pricing of Options and Corporate Liabilities
• Valuation of R\&D sequential exchange options using Monte Carlo approach
• The option value of advanced R\&D
• Option pricing when underlying stock returns are discontinuous
• Real (investment) options with multiple sources of rare events

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