Valuing modularity as a real option

DOI10.1287/MNSC.1090.1070MaRDI QIDQ3117870zbMATH OpenOpenAlexFDO

Authors Nicola Fusari, Andrea Gamba

Publication date 1 March 2012

Published in Management Science (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/fb5e4f992830abd1c3b30a508cec3aeb8ec6851d

zbMATH Keywords

least-squares Monte Carlomodularityreal options

Mathematics Subject Classification ID

Monte Carlo methods (65C05) Derivative securities (option pricing, hedging, etc.) (91G20) Numerical methods (including Monte Carlo methods) (91G60)

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Cited in

(7)

• Real options in operations research: a review
• Pricing and modularity decisions under competition
• Stepwise investment and capacity sizing under uncertainty
• Valuation under technological change
• Valuation of N-stage investments under jump-diffusion processes
• Risk assessment and optimal scheduling of serial projects
• Investments under strategic competition and uncertainty: a literature review on real option games

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