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  • Systematic option valuation approach to product and technology development projects
    Pižmoht, Petja ...
    New technologies and product developemnt projects are inherently risky. The difficulty of forecast future conditions accurately requires appropriate methods for valuing prospective investments. ... Recent researches indicate some gaps in classical methods. The real option approach offers a fresh perspective. The paper presents the differences between the classic approach and the real options approach. The option pricing theory, or real option theory, is briefly introduced and different valuation methodologies are summarized. The basic logic of the developed model and some preliminary findings are presented.
    Vrsta gradiva - članek, sestavni del
    Leto - 2005
    Jezik - angleški
    COBISS.SI-ID - 10122262