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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kang, Yuanyun
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Diplomica Verlag, 2009.
Temas:
Acceso en línea:Texto completo
Descripción
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