Real Option Analysis

Real Option Analysis

Towards a Well-Founded Valuation of Managerial Flexibilities in IT Investment Projects - A Multidisciplinary Literature Review

Based on a multidisciplinary literature review, we discuss the assumptions implicit in the prevalent Black-Scholes model and argue for relaxed assumptions that better represent …

bernd-heinrich
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Decision Support for IT Investment Projects featured image
Real Option Analysis

Decision Support for IT Investment Projects

Based on a thorough review of the literature, this paper discusses the assumptions of the Black-Scholes model and presents an advanced simulation model for the valuation of real …

marcel-philipp-muller
•
Read more