This paper considers manufacturing flexibility and real options from an industrial
engineering/production management perspective. Real options papers are related to …

Comprehensive in scope, Real Options reviews current techniques of capital budgeting and
details an approach (based on the pricing of options) that provides a means of quantifying …

This article serves two main purposes. First, it aims to provide a comprehensive overview of
the existing real options literature and applications, as well as to present practically useful …

This paper employs a general model of flexibility to value a dual-fuel industrial steam boiler.
First, we illustrate the shortcomings of conventional capital budgeting techniques to value …

This study takes a real options perspective towards venture capital staging and views the
staging decision as a choice between holding the current option to invest and investing now …

The current economic situation has highlighted deficiencies in corporate governance while
also showing the importance of stakeholder relations. It has also raised the profile of the …

This paper explores the effect of project interrelationships on investment decisions and
project values in a real options framework. We examine in detail the mutually exclusive case …

In this paper we show how a multidimensional American real option may be solved using
the LSM simulation method originally proposed by Longstaff and Schwartz [2001, The …

As options models move from financial markets to corporate decision making, it is fitting to
question the simple domain extension of option pricing theory by considering behavioral …

Managerial flexibility, or real options, embedded in information technology (IT) investments
allows resolving uncertainty not only by passively waiting for new information to arrive …