搜索结果: 1-5 共查到“应用经济学 REAL OPTIONS”相关记录5条 . 查询时间(0.078 秒)
Analysing the new IFS-Leverhulme database on over 200 major British ®rms since 1968 we show that patents have an economically and statistically signi®cant impact on ®rm-level productivi...
After 30 years of discussion and research, the academic community has established a complete theoretical system of real options and provided an excellent framework for the use of real options theory i...
On the Value–Volatility Relationship in a Real Options Model
investment analysis option-pricing theory finance nonlinear stochastic differential equation
2009/5/7
In the analytical real options approach, the most important proposition that the value of the investment opportunity increases as the volatility increases has been proved by assuming the convexity of...
Real Options in an Oligopoly Market
investment decision strategic substitution NPV criterion sequential investment
2009/5/7
This paper considers strategic entry decisions in an oligopoly market when the underlying state variable follows a geometric Brownian motion. It is shown that, even in the oligopoly case, three types...
Using Real Options Theory to Analyze the Impacts of Urban Development on Farm Real Estate Markets
Real Options Farmland Option Value Irriversibility Uncertainty
2009/1/12
This paper assesses the real option values of farmland using data from Ohio, USA. The option value of delaying the sale of a farm property was measured using an emerging, relatively new theory namely...