Application of Real Options to Evaluate the Development Process of New Aircraft Models

Investment decisions in the development and production of new aircraft models is difficult because of the technical and market uncertainties associated with such a complex process. The accompanying risks can be mitigated through a flexible approach that incorporates several decision points at diffe...

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Bibliographic Details
Main Authors: Miller, Bruno, Clarke, John-Paul
Format: Technical Report
Published: AIAA 2006
Subjects:
Online Access:http://hdl.handle.net/1721.1/34959