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Volumn 1, Issue 1, 2001, Pages 29-46

Hybrid real options valuation of risky product development projects

Author keywords

decision analysis; dynamic strategic planning; Real options; risk management; technology management

Indexed keywords


EID: 0002732121     PISSN: 14684322     EISSN: 17415292     Source Type: Journal    
DOI: 10.1504/ijtpm.2001.001743     Document Type: Article
Times cited : (42)

References (19)
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    • Johns Hopkins University Press, Baltimore, MD, USA. This is a classic compendium of illustrations of how forecasters are inherently unable to anticipate the surprise developments arising from new technologies, changes in industrial structure, and reshuffled political configurations such as the demise of the Soviet bloc or the rise and fall of the Organization of the Oil Producing Countries (OPEC) as a determining force in the petroleum markets
    • Ascher, W. (1978) Forecasting: An Appraisal for Policy-Makers and Planners, Johns Hopkins University Press, Baltimore, MD, USA. This is a classic compendium of illustrations of how forecasters are inherently unable to anticipate the surprise developments arising from new technologies, changes in industrial structure, and reshuffled political configurations such as the demise of the Soviet bloc or the rise and fall of the Organization of the Oil Producing Countries (OPEC) as a determining force in the petroleum markets.
    • (1978) Forecasting: An Appraisal for Policy-Makers and Planners
    • Ascher, W.1
  • 4
    • 84959850844 scopus 로고
    • Option valuation of claims on real assets: the case of offshore petroleum leases
    • August
    • Paddock, J.L., Siegel, D.R. and Smith, J.L. (1988) ‘Option valuation of claims on real assets: the case of offshore petroleum leases,’ Quarterly Journal of Economics, August, Vol. 103, pp.479–508.
    • (1988) Quarterly Journal of Economics , vol.103 , pp. 479-508
    • Paddock, J.L.1    Siegel, D.R.2    Smith, J.L.3
  • 6
    • 0006848145 scopus 로고
    • Valuing flexibility in utility planning
    • Kaslow, T.W. and Pindyck, R.S. (1994) ‘Valuing flexibility in utility planning,’ The Electricity Journal, March, pp.60–65.
    • (1994) The Electricity Journal , vol.March , pp. 60-65
    • Kaslow, T.W.1    Pindyck, R.S.2
  • 8
    • 0002857442 scopus 로고
    • Scientific management at Merck: an interview with Judy Lewent
    • Nichols, N.A. (1994) ‘Scientific management at Merck: an interview with Judy Lewent,’ Harvard Business Review, Jan.-Feb., pp.89–99.
    • (1994) Harvard Business Review , vol.Jan.-Feb. , pp. 89-99
    • Nichols, N.A.1
  • 9
    • 21344486669 scopus 로고
    • The value of flexibility: the case of dual-fuel industrial steam boiler
    • Kulatilaka, N. (1993) ‘The value of flexibility: the case of dual-fuel industrial steam boiler,’ Financial Management, Vol. 22, No. 3, pp.271–280.
    • (1993) Financial Management , vol.22 , Issue.3 , pp. 271-280
    • Kulatilaka, N.1
  • 14
    • 85015692260 scopus 로고
    • The pricing of options and corporate liabilities
    • May-June
    • Black, F. and Scholes, M. (1973) ‘The pricing of options and corporate liabilities,’ Journal of Political Economy, May-June, Vol. 81, pp.637–54.
    • (1973) Journal of Political Economy , vol.81 , pp. 637-654
    • Black, F.1    Scholes, M.2
  • 15
    • 0030150779 scopus 로고    scopus 로고
    • Applying options thinking to R&D valuation
    • Faulkner, T.W. (1996) ‘Applying options thinking to R&D valuation,’ Research Technology Management, May-June, pp.50–56.
    • (1996) Research Technology Management , vol.May-June , pp. 50-56
    • Faulkner, T.W.1
  • 18
    • 84952968246 scopus 로고    scopus 로고
    • Ward’s Automotive Handbook (Annual), Ward Communications, Southfield, MI
    • Ward’s Automotive Handbook (Annual), Ward Communications, Southfield, MI.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.