-
1
-
-
0242710646
-
Equilibrium investment strategies and output price behavior: A real options approach
-
Aguerrevere, F. (2003). Equilibrium investment strategies and output price behavior: a real options approach. Review of Financial Studies, 16, 1239-1272.
-
(2003)
Review of Financial Studies
, vol.16
, pp. 1239-1272
-
-
Aguerrevere, F.1
-
3
-
-
0037320995
-
Universal option pricing using quadrature
-
Andricopoulos, A.D., Widdicks, M., Duck, P.W. and Newton, D.P. (2003). Universal option pricing using quadrature. Journal of Financial Economics, 67, 447-471.
-
(2003)
Journal of Financial Economics
, vol.67
, pp. 447-471
-
-
Andricopoulos, A.D.1
Widdicks, M.2
Duck, P.W.3
Newton, D.P.4
-
7
-
-
8644246126
-
On irreversibility, sunk costs and investment under incomplete information
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Bellalah, M. (2003). On irreversibility, sunk costs and investment under incomplete information. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 11-29.
-
(2003)
Real R&D Options
, pp. 11-29
-
-
Bellalah, M.1
-
8
-
-
0033437913
-
A case for using real options pricing analysis to evaluate information technology project investments
-
Benaroch, M. and Kauffman, R.J. (1999). A case for using real options pricing analysis to evaluate information technology project investments. Information Systems Research, 10, 70-86.
-
(1999)
Information Systems Research
, vol.10
, pp. 70-86
-
-
Benaroch, M.1
Kauffman, R.J.2
-
9
-
-
8644263378
-
Analytic solutions for the value of the option to (dis)invest
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Biekpe, N., Klumpes, P. and Tippett, M. (2003). Analytic solutions for the value of the option to (dis)invest. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 67-90.
-
(2003)
Real R&D Options
, pp. 67-90
-
-
Biekpe, N.1
Klumpes, P.2
Tippett, M.3
-
11
-
-
85015692260
-
The pricing of options and corporate liabilities
-
Black, F. and Scholes, M. (1973). The pricing of options and corporate liabilities. Journal of Political Economy, 81, 637-654.
-
(1973)
Journal of Political Economy
, vol.81
, pp. 637-654
-
-
Black, F.1
Scholes, M.2
-
12
-
-
0000699975
-
A comparison of the stable and student distributions as statistical models for stock prices
-
Blattberg, R.C. and Gonedes, N.J. (1974). A comparison of the stable and student distributions as statistical models for stock prices. Journal of Business, 47, 224-280.
-
(1974)
Journal of Business
, vol.47
, pp. 224-280
-
-
Blattberg, R.C.1
Gonedes, N.J.2
-
15
-
-
0035594305
-
A gene to drug venture: Poisson options analysis
-
Brach, M.A. and Paxson, D.A. (2001). A gene to drug venture: Poisson options analysis. R&D Management, 31, 203-214.
-
(2001)
R&D Management
, vol.31
, pp. 203-214
-
-
Brach, M.A.1
Paxson, D.A.2
-
17
-
-
0001503841
-
The valuation of American put options
-
Brennan, M. and Schwartz, E. (1977). The valuation of American put options. Journal of Finance, 32, 449-462.
-
(1977)
Journal of Finance
, vol.32
, pp. 449-462
-
-
Brennan, M.1
Schwartz, E.2
-
18
-
-
0001603924
-
Evaluating natural resource investments
-
Brennan, M.J. and Schwartz, E.S. (1985). Evaluating natural resource investments. Journal of Business, 58, 135-157.
-
(1985)
Journal of Business
, vol.58
, pp. 135-157
-
-
Brennan, M.J.1
Schwartz, E.S.2
-
20
-
-
84977731487
-
The valuation of sequential exchange opportunities
-
Carr, P. (1988). The valuation of sequential exchange opportunities. Journal of Finance, 43, 1235-1256.
-
(1988)
Journal of Finance
, vol.43
, pp. 1235-1256
-
-
Carr, P.1
-
21
-
-
0002988042
-
The valuation of American exchange options with applications to real options
-
Trigeorgis, L. (ed.). Westport, CT: Praeger
-
Carr, P. (1995). The valuation of American exchange options with applications to real options. In Trigeorgis, L. (ed.), Real Options in Capital Investment. Westport, CT: Praeger, pp. 109-120.
-
(1995)
Real Options in Capital Investment
, pp. 109-120
-
-
Carr, P.1
-
22
-
-
0032366174
-
Capital budgeting for interrelated projects: A real options approach
-
Childs, P.D., Ott, S.H. and Triantis, A.J. (1998). Capital budgeting for interrelated projects: a real options approach. Journal of Financial and Quantitative Analysis, 33, 305-334.
-
(1998)
Journal of Financial and Quantitative Analysis
, vol.33
, pp. 305-334
-
-
Childs, P.D.1
Ott, S.H.2
Triantis, A.J.3
-
24
-
-
6244240080
-
Optimal exploration investments under price and geological-technical uncertainty: A real options model
-
Cortazar, G., Schwartz, E.S. and Casassus, J. (2001). Optimal exploration investments under price and geological-technical uncertainty: a real options model. R&D Management, 31, 181-190.
-
(2001)
R&D Management
, vol.31
, pp. 181-190
-
-
Cortazar, G.1
Schwartz, E.S.2
Casassus, J.3
-
25
-
-
49249142814
-
Option pricing: A simplified approach
-
Cox, J.C., Ross, S.A. and Rubinstein, M. (1979). Option pricing: a simplified approach. Journal of Financial Economics, 7, 229-264.
-
(1979)
Journal of Financial Economics
, vol.7
, pp. 229-264
-
-
Cox, J.C.1
Ross, S.A.2
Rubinstein, M.3
-
26
-
-
0035239243
-
An extreme-value model of concept testing
-
Dahan, E. and Mendelson, H. (2001). An extreme-value model of concept testing. Management Science, 47, 102-116.
-
(2001)
Management Science
, vol.47
, pp. 102-116
-
-
Dahan, E.1
Mendelson, H.2
-
27
-
-
84936823784
-
Entry and exit decisions under uncertainty
-
Dixit, A.K. (1989). Entry and exit decisions under uncertainty. Journal of Political Economy, 97, 620-638.
-
(1989)
Journal of Political Economy
, vol.97
, pp. 620-638
-
-
Dixit, A.K.1
-
29
-
-
0035254147
-
Managing uncertainty in research and development
-
Doctor, R.N., Newton, D.P. and Pearson, A.W. (2001). Managing uncertainty in research and development. Technovation, 21, 79-90.
-
(2001)
Technovation
, vol.21
, pp. 79-90
-
-
Doctor, R.N.1
Newton, D.P.2
Pearson, A.W.3
-
30
-
-
0001652452
-
Mandelbrot and the stable Paretian hypothesis
-
Fama, E. (1963). Mandelbrot and the stable Paretian hypothesis. Journal of Business, 36, 420-429.
-
(1963)
Journal of Business
, vol.36
, pp. 420-429
-
-
Fama, E.1
-
31
-
-
49249145468
-
The valuation of compound options
-
Geske, R. (1979). The valuation of compound options. Journal of Financial Economics, 7, 63-81.
-
(1979)
Journal of Financial Economics
, vol.7
, pp. 63-81
-
-
Geske, R.1
-
32
-
-
0040205760
-
Information revelation through option exercise
-
Grenadier, S.R. (1999). Information revelation through option exercise. Review of Financial Studies, 12, 95-129.
-
(1999)
Review of Financial Studies
, vol.12
, pp. 95-129
-
-
Grenadier, S.R.1
-
34
-
-
0036286965
-
Option exercise games: An application to the equilibrium strategies of firms
-
Grenadier, S.R. (2002). Option exercise games: an application to the equilibrium strategies of firms. Review of Financial Studies, 15, 691-721.
-
(2002)
Review of Financial Studies
, vol.15
, pp. 691-721
-
-
Grenadier, S.R.1
-
35
-
-
0031161157
-
Investment in technological innovations: An option pricing approach
-
Grenadier, S.R. and Weiss, A.M. (1997). Investment in technological innovations: an option pricing approach. Journal of Financial Economics, 44, 397-416.
-
(1997)
Journal of Financial Economics
, vol.44
, pp. 397-416
-
-
Grenadier, S.R.1
Weiss, A.M.2
-
36
-
-
0037836721
-
A closed-form solution for options with stochastic volatility with applications to bond and currency options
-
Heston, S. (1993). A closed-form solution for options with stochastic volatility with applications to bond and currency options. Review of Financial Studies, 6, 327-343.
-
(1993)
Review of Financial Studies
, vol.6
, pp. 327-343
-
-
Heston, S.1
-
37
-
-
8644289531
-
-
London: Financial Times-Prentice Hall
-
Howell, S., Stark, A., Newton, D., Paxson, D. and Cavus, M. (2001a). Real Options: An Introduction for Executives. London: Financial Times-Prentice Hall.
-
(2001)
Real Options: An Introduction for Executives
-
-
Howell, S.1
Stark, A.2
Newton, D.3
Paxson, D.4
Cavus, M.5
-
38
-
-
8644244900
-
-
London: Financial Times-Prentice Hall
-
Howell, S., Stark, A., Newton, D., Paxson, D., Cavus, M., Pereira, J. and Patel, K. (2001b). Real Options: Evaluating Corporate Investment Opportunities in a Dynamic World. London: Financial Times-Prentice Hall.
-
(2001)
Real Options: Evaluating Corporate Investment Opportunities in a Dynamic World
-
-
Howell, S.1
Stark, A.2
Newton, D.3
Paxson, D.4
Cavus, M.5
Pereira, J.6
Patel, K.7
-
39
-
-
84977709229
-
The pricing of options on assets with stochastic volatilities
-
Hull, J. and White, A. (1987). The pricing of options on assets with stochastic volatilities. Journal of Finance, 42, 281-300.
-
(1987)
Journal of Finance
, vol.42
, pp. 281-300
-
-
Hull, J.1
White, A.2
-
40
-
-
6244299430
-
The use of options theory to value research in the service sector
-
Jensen, K. and Warren, P. (2001). The use of options theory to value research in the service sector. R&D Management, 31, 173-180.
-
(2001)
R&D Management
, vol.31
, pp. 173-180
-
-
Jensen, K.1
Warren, P.2
-
41
-
-
8644255316
-
R&D investment decision and optimal subsidy
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Jou, J-B. and Lee, T. (2003a). R&D investment decision and optimal subsidy. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 228-250.
-
(2003)
Real R&D Options
, pp. 228-250
-
-
Jou, J.-B.1
Lee, T.2
-
42
-
-
8644252122
-
Optimal R&D investment tax credits under mean reversion return
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Jou, J-B. and Lee, T. (2003b). Optimal R&D investment tax credits under mean reversion return. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 251-270.
-
(2003)
Real R&D Options
, pp. 251-270
-
-
Jou, J.-B.1
Lee, T.2
-
43
-
-
0036744378
-
Option value uncertainty, and the investment decision
-
Kandel, E. and Pearson, N. (2002). Option value uncertainty, and the investment decision. Journal of Financial and Qualitative Analysis, 37, 341-374.
-
(2002)
Journal of Financial and Qualitative Analysis
, vol.37
, pp. 341-374
-
-
Kandel, E.1
Pearson, N.2
-
44
-
-
0001954909
-
Real options valuation for a biotechnology company
-
Kellogg, D. and Charnes, J.M. (2000). Real options valuation for a biotechnology company. Financial Analysts Journal, 76-84.
-
(2000)
Financial Analysts Journal
, pp. 76-84
-
-
Kellogg, D.1
Charnes, J.M.2
-
45
-
-
21344486669
-
The value of flexibility: The case of a dual-fuel industrial steam boiler
-
Kulatilaka, N. (1993). The value of flexibility: the case of a dual-fuel industrial steam boiler. Financial Management, 22, 271-279.
-
(1993)
Financial Management
, vol.22
, pp. 271-279
-
-
Kulatilaka, N.1
-
47
-
-
0742268054
-
Strategic sequential investments and sleeping patents
-
Brennan, M. and Trigeorgis, L. (eds). Oxford: Oxford University Press
-
Lambrecht, B.M. (2000). Strategic sequential investments and sleeping patents. In Brennan, M. and Trigeorgis, L. (eds), Project Flexibility, Agency and Competition. Oxford: Oxford University Press, pp. 297-323.
-
(2000)
Project Flexibility, Agency and Competition
, pp. 297-323
-
-
Lambrecht, B.M.1
-
49
-
-
0035645903
-
Valuation of R&D real American sequential exchange options
-
Lee, J. and Paxson, D.A. (2001). Valuation of R&D real American sequential exchange options. R&D Management, 31, 191-202.
-
(2001)
R&D Management
, vol.31
, pp. 191-202
-
-
Lee, J.1
Paxson, D.A.2
-
50
-
-
0742323896
-
Confined exponential approximations for the valuation of American options
-
Lee, J. and Paxson, D.A. (2003). Confined exponential approximations for the valuation of American options. European Journal of Finance, 9, 449-474.
-
(2003)
European Journal of Finance
, vol.9
, pp. 449-474
-
-
Lee, J.1
Paxson, D.A.2
-
53
-
-
0000612485
-
R&D as an option on market introduction
-
Lint, O. and Pennings, E. (1998). R&D as an option on market introduction. R&D Management, 28, 279-287.
-
(1998)
R&D Management
, vol.28
, pp. 279-287
-
-
Lint, O.1
Pennings, E.2
-
54
-
-
8644258604
-
An option approach to the new product development process: Experience from Philips Electronics
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Lint, O. and Pennings, E. (2003). An option approach to the new product development process: experience from Philips Electronics. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 48-66.
-
(2003)
Real R&D Options
, pp. 48-66
-
-
Lint, O.1
Pennings, E.2
-
55
-
-
8344223565
-
Scaling behaviour in the dynamics of an economic index
-
Mantenga, R.N. and Stanley, H.E. (1995). Scaling behaviour in the dynamics of an economic index. Nature, 376, 46-49.
-
(1995)
Nature
, vol.376
, pp. 46-49
-
-
Mantenga, R.N.1
Stanley, H.E.2
-
56
-
-
84977359121
-
The value of an option to exchange one asset for another
-
Margrabe, W. (1978). The value of an option to exchange one asset for another. Journal of Finance, 33, 177-186.
-
(1978)
Journal of Finance
, vol.33
, pp. 177-186
-
-
Margrabe, W.1
-
60
-
-
0036116622
-
When are real options exercised? An empirical study of mine closings
-
Moel, A. and Tufano, P. (2002). When are real options exercised? An empirical study of mine closings. Review of Financial Studies, 15, 35-64.
-
(2002)
Review of Financial Studies
, vol.15
, pp. 35-64
-
-
Moel, A.1
Tufano, P.2
-
61
-
-
0001940172
-
When choosing R&D projects go for long-shots
-
Morris, P.A., Teisberg, E.O. and Kolbe, A.L. (1991). When choosing R&D projects go for long-shots. Research-Technology Management, 34, 35-40.
-
(1991)
Research-Technology Management
, vol.34
, pp. 35-40
-
-
Morris, P.A.1
Teisberg, E.O.2
Kolbe, A.L.3
-
63
-
-
49449125071
-
Determinants of corporate borrowing
-
Myers, S.C. (1977). Determinants of corporate borrowing. Journal of Financial Economics, 5, 146-175.
-
(1977)
Journal of Financial Economics
, vol.5
, pp. 146-175
-
-
Myers, S.C.1
-
64
-
-
84982686434
-
Application of options pricing to R&D
-
Newton, D.P. and Pearson, A. (1994). Application of options pricing to R&D. R&D Management, 24, 83-89.
-
(1994)
R&D Management
, vol.24
, pp. 83-89
-
-
Newton, D.P.1
Pearson, A.2
-
65
-
-
8644231910
-
-
Manchester Business School, Working Paper, No. 322
-
Newton, D.P., Paxson, D.A. and Pearson, A. (1996a). Real R&D options, Manchester Business School, Working Paper, No. 322.
-
(1996)
Real R&D Options
-
-
Newton, D.P.1
Paxson, D.A.2
Pearson, A.3
-
66
-
-
6244252277
-
Real R&D options
-
Belcher, A., Hassard, J. and Proctor, S.J. (eds). London: Routledge
-
Newton, D.P., Paxson, D.A. and Pearson, A.W. (1996b). Real R&D options. In Belcher, A., Hassard, J. and Proctor, S.J. (eds), R&D Decisions: Strategy, Policy and Innovations. London: Routledge, pp. 273-282.
-
(1996)
R&D Decisions: Strategy, Policy and Innovations
, pp. 273-282
-
-
Newton, D.P.1
Paxson, D.A.2
Pearson, A.W.3
-
70
-
-
8644249189
-
Leader/follower real value functions if the market share follows a birth/death process
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Paxson, D.A. and Pinto, H. (2003). Leader/follower real value functions if the market share follows a birth/death process. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 208-227.
-
(2003)
Real R&D Options
, pp. 208-227
-
-
Paxson, D.A.1
Pinto, H.2
-
71
-
-
8644270714
-
Genzyme biosurgery: A virtual real R&D option case
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Paxson, D.A. (2003). Genzyme biosurgery: a virtual real R&D option case. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth- Heinemann, pp. 271-290.
-
(2003)
Real R&D Options
, pp. 271-290
-
-
Paxson, D.A.1
-
72
-
-
0000888844
-
Irreversibility investment, capital choice and the value of the firm
-
Pindyck, R.S. (1988). Irreversibility investment, capital choice and the value of the firm. American Economic Review, 79, 969-985.
-
(1988)
American Economic Review
, vol.79
, pp. 969-985
-
-
Pindyck, R.S.1
-
74
-
-
84993911739
-
Empirical testing of real option pricing models
-
Quigg, L. (1993). Empirical testing of real option pricing models. Journal of Finance, 68, 621-639.
-
(1993)
Journal of Finance
, vol.68
, pp. 621-639
-
-
Quigg, L.1
-
77
-
-
8644221540
-
Student's distribution and the value of real options
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Rhys, H. and Tippett, M. (2003). Student's distribution and the value of real options. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 91-110.
-
(2003)
Real R&D Options
, pp. 91-110
-
-
Rhys, H.1
Tippett, M.2
-
78
-
-
0000342085
-
Funding criteria for research, development and exploration projects
-
Roberts, K. and Weitzman, M.L. (1981). Funding criteria for research, development and exploration projects. Econometrica, 49, 1261-1288.
-
(1981)
Econometrica
, vol.49
, pp. 1261-1288
-
-
Roberts, K.1
Weitzman, M.L.2
-
81
-
-
0002410475
-
Evaluating R&D investments
-
Brennan, M. and Trigeorgis, L. (eds). Oxford: Oxford University Press
-
Schwartz, E.S. and Moon, M. (2000a). Evaluating R&D investments. In Brennan, M. and Trigeorgis, L. (eds), Project Flexibility, Agency and Competition. Oxford: Oxford University Press, pp. 85-106.
-
(2000)
Project Flexibility, Agency and Competition
, pp. 85-106
-
-
Schwartz, E.S.1
Moon, M.2
-
85
-
-
0042965561
-
-
Salomon Brothers Center for the Study of Financial Institutions, Monograph Series in Finance and Economics, NYU
-
Sick, G. (1989). Capital Budgeting with Real Options. Salomon Brothers Center for the Study of Financial Institutions, Monograph Series in Finance and Economics, NYU.
-
(1989)
Capital Budgeting with Real Options
-
-
Sick, G.1
-
86
-
-
0001284767
-
Stock price distributions with stochastic volatility: An analytic approach
-
Stein, J. and Stein, E. (1991). Stock price distributions with stochastic volatility: an analytic approach. Review of Financial Studies, 4, 727-752.
-
(1991)
Review of Financial Studies
, vol.4
, pp. 727-752
-
-
Stein, J.1
Stein, E.2
-
87
-
-
8644232785
-
Will real options take root?
-
July
-
Teach, E. (2003). Will real options take root? CFO Magazine, July.
-
(2003)
CFO Magazine
-
-
Teach, E.1
-
88
-
-
8644259417
-
-
Working Paper, University of St Gallen
-
Thurner, M. (2003). Are real options dead? Working Paper, University of St Gallen.
-
(2003)
Are Real Options Dead?
-
-
Thurner, M.1
-
91
-
-
8644245328
-
Investment under economic and implementation Uncertainty
-
Paxson, D.A. (ed.). Oxford: Butterworth-Heinemann
-
Tsekrekos, A.E. (2003). Investment under economic and implementation Uncertainty. In Paxson, D.A. (ed.), Real R&D Options. Oxford: Butterworth-Heinemann, pp. 30-47.
-
(2003)
Real R&D Options
, pp. 30-47
-
-
Tsekrekos, A.E.1
-
93
-
-
0001747582
-
Sequential R&D strategy for synfuels
-
Weitzman, M.L., Newey, W. and Rabin, M. (1981). Sequential R&D Strategy for Synfuels. Bell Journal of Economics, 12, 574-590.
-
(1981)
Bell Journal of Economics
, vol.12
, pp. 574-590
-
-
Weitzman, M.L.1
Newey, W.2
Rabin, M.3
|