Abstract | ||
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Risk aversion typically erodes the value of an investment opportunity, often increasing the incentive to delay investment. Although this may be true when the decision maker has discretion only over the timing of investment, any additional discretion over the capacity of a project may lead to different results. In this paper, we extend the traditional real options approach by allowing for discretio... |
Year | DOI | Venue |
---|---|---|
2013 | 10.1109/TEM.2012.2211363 | IEEE Transactions on Engineering Management |
Keywords | Field | DocType |
Investments,Uncertainty,Timing,Standards,Renewable energy resources,Suspensions,Biological system modeling | Economics,Actuarial science,Incentive,Risk analysis (business),Microeconomics,Business economics,Sizing,Discretion,Risk aversion,Decision maker,Project management | Journal |
Volume | Issue | ISSN |
60 | 2 | 0018-9391 |
Citations | PageRank | References |
10 | 0.82 | 1 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Michail Chronopoulos | 1 | 40 | 4.84 |
Bert De Reyck | 2 | 547 | 46.23 |
Afzal Siddiqui | 3 | 52 | 8.37 |