Model-based Estimation of Flexibility and Optionability in an Integrated Real Options Framework

Uncertainties can be managed through real options that provide a decision maker the right, but not the obligation, to exercise actions at a later time. In previous work we introduced an integrated real options framework (IRF) that distinguishes among option mechanism and type. The mechanism is the e...

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Bibliographic Details
Main Authors: Mikaelian, Tsoline, Rhodes, Donna H., Nightingale, Deborah J., Hastings, Daniel E.
Other Authors: Massachusetts Institute of Technology. Department of Aeronautics and Astronautics
Format: Article
Language:en_US
Published: Institute of Electrical and Electronics Engineers 2010
Online Access:http://hdl.handle.net/1721.1/59999
https://orcid.org/0000-0002-1907-0717
https://orcid.org/0000-0003-4421-5110