Real Option Valuation of Product Innovation.
How can you evaluate a potential investment if there are several possibilities to change the course of action in the future depending on different emerging situations? And even more challenging: How can you do so if you cannot come up with point estimates - but you have to use several ranges of inpu...
Clasificación: | Libro Electrónico |
---|---|
Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Diplomica Verlag,
2009.
|
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | How can you evaluate a potential investment if there are several possibilities to change the course of action in the future depending on different emerging situations? And even more challenging: How can you do so if you cannot come up with point estimates - but you have to use several ranges of input values? Both - managerial flexibility as well as so called continuous uncertainty - are highly relevant as they reflect most of the investment decisions realistically. But if you apply standard valuation techniques like a simple Discounted Cash Flow model, the computed value will be significantly. |
---|---|
Descripción Física: | 1 online resource (85 pages) |
Bibliografía: | Includes bibliographical references. |
ISBN: | 9783836627412 3836627418 |