Valuing a price cap contract for material procurement as a real option

Construction Management and Economics

Volumn 22, Issue 2, 2004, Pages 141-150

  Ng, Francis P ^a   Björnsson, Hans C ^a   Chiu, Samuel S ^a  

^a Stanford University   (United States)

Author keywords

Material procurement; Ordering policy; Pricing; Real option; Supply chain

Indexed keywords

BUILDING MATERIALS; CONCRETES; COST ACCOUNTING; INDUSTRIAL ECONOMICS; LUMBER; MONTE CARLO METHODS; PUBLIC POLICY; STEEL CONSTRUCTION;

IDIOSYNCRATIC; PRICE-CAP CONTRACTS; VOLATILITY; ZERO LEVEL PRICING;

CONSTRUCTION INDUSTRY;

CONSTRUCTION INDUSTRY; INDUSTRIAL PRACTICE; METHODOLOGY; PRICE DETERMINATION; PRODUCTION COST;

EID: 11144354322     PISSN: 01446193     EISSN: None     Source Type: Journal    
DOI: 10.1080/0144619042000201349     Document Type: Article

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