On the value of flexibility in R&D projects

Management Science

Volumn 51, Issue 8, 2005, Pages 1206-1218

  Santiago, Leonardo P ^a   Vakili, Pirooz ^b  

^a FEDERAL UNIVERSITY OF MINAS GERAIS   (Brazil)

^b Boston University   (United States)

Author keywords

Dynamic programming; Managerial flexibility; Option valuation; Project management; R D projects; Real options

Indexed keywords

MANAGERIAL FLEXIBILITY; OPTION VALUATION; R&D PROJECTS; REAL OPTIONS;

DYNAMIC PROGRAMMING; RESEARCH AND DEVELOPMENT MANAGEMENT; SET THEORY; UNCERTAIN SYSTEMS;

PROJECT MANAGEMENT;

EID: 18544366110     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1050.0387     Document Type: Article

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