Option values and endogenous uncertainty in ESOPs, MBOs and asset-backed loans

DOI10.1016/0165-1765(94)00564-IMaRDI QIDQ672927zbMATH OpenOpenAlexFDO

Authors Graciela Chichilnisky, Geoffrey Heal, Dimitrios P. Tsomocos

Publication date 28 February 1997

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(94)00564-i

zbMATH Keywords

Employee stock option planEndogenous uncertaintyOption values

Mathematics Subject Classification ID

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Cites work

• scientific article; zbMATH DE number 3561058 (Why is no real title available?)
• On the Stability of a Pure Exchange Equiliblium
• On the structure and diversity of rational beliefs
• The pricing of options and corporate liabilities

Cited in

(5)

• Valuation of mortgage interest deductibility under uncertainty: an option pricing approach
• Options as silver bullets: valuation of term loans, inventory management, emissions trading and insurance risk mitigation using option theory
• Markets with endogenous uncertainty theory and policy
• Valuation of the prepayment option of a perpetual corporate loan
• A time series analysis of financial fragility in the UK banking system

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