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How real option disinvestment flexibility augments project NPV
10 references·6 citing·32 second hop
How real option disinvestment flexibility augments project NPV (2004)How real option disinvestment flexibility…Entry and Exit Decisions under Uncertainty (1989)Entry and Exit Decisions unde…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…The American Put Option Valued Analytically (1984)The American Put Option Value…THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER (1978)THE VALUE OF AN OPTION TO EXC…Determinants of corporate borrowing (1977)Determinants of corporate bor…The valuation of options for alternative stochastic processes (1976)The valuation of options for …The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Risk analysis capital investment (1964)Risk analysis capital investm…Elements of a Theory of Stock-Option Value (1964)Elements of a Theory of Stock…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Valuation of defer and relocation options in photovoltaic generation investments by a stochastic simulation-based method (2019)Valuation of defer and reloca…RETRACTED: Survey of the most influential parameters on the wind farm net present value (NPV) by adaptive neuro-fuzzy approach (2016)RETRACTED: Survey of the most…Adaptive neuro-fuzzy optimization of wind farm project net profit (2014)Adaptive neuro-fuzzy optimiza…Robust net present value (2011)Robust net present valuePricing real options under the constant elasticity of variance diffusion (2010)Pricing real options under th…Evaluation of a mining project using Discounted Cash Flow analysis, Decision Tree analysis, Monte Carlo Simulation and Real Options using an example (2008)Evaluation of a mining projec…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Option pricing: A simplified approach (1979)The Pricing of Options on Assets with Stochastic Volatilities (1987)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Theory of rational option pricing (2005)Investment in Human Capital: A Theoretical Analysis (1962)Irreversibility, Uncertainty, and Investment (1990)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)The Asset-Pricing Implications of Government Economic Policy Uncertainty (2015)A Theory of the Term Structure of Interest Rates (1985)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)An Intertemporal Capital Asset Pricing Model (1973)Theory of Rational Option Pricing (1973)Investment and the Valuation of Firms When There is an Option to Shut Down (1985)Changes of numéraire, changes of probability measure and option pricing (1995)Arbitrage Theory in Continuous Time (2004)Option Pricing Bounds in Discrete Time (1984)Option-Implied Risk-Neutral Distributions and Risk Aversion (2004)Option traders use (very) sophisticated heuristics, never the Black–Scholes–Merton formula (2010)Common risk factors in the returns on stocks and bonds (1993)Real Options and Interactions with Financial Flexibility (1993)Pricing American-style securities using simulation (1997)Option Pricing Under a Double Exponential Jump Diffusion Model (2004)An interactive approach to R&D project selection and termination (1988)Multicriteria decision aid in financial management (1999)Economic risk analysis of decentralized renewable energy infrastructures – A Monte Carlo Simulation approach (2014)
this work references cited by second hop

References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1976The valuation of options for alternative stochastic processes2,935 cited
  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1989Entry and Exit Decisions under Uncertainty2,356 cited
  • 1978THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER1,740 cited
  • 1984The American Put Option Valued Analytically728 cited
  • 1964Risk analysis capital investment278 cited
  • 1964Elements of a Theory of Stock-Option Value178 cited

Cited by

  • 2008Evaluation of a mining project using Discounted Cash Flow analysis, Decision Tree analysis, Monte Carlo Simulation and Real Options using an example56 cited
  • 2014Adaptive neuro-fuzzy optimization of wind farm project net profit40 cited
  • 2010Pricing real options under the constant elasticity of variance diffusion37 cited
  • 2011Robust net present value36 cited
  • 2019Valuation of defer and relocation options in photovoltaic generation investments by a stochastic simulation-based method

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32 cited
  • 2016RETRACTED: Survey of the most influential parameters on the wind farm net present value (NPV) by adaptive neuro-fuzzy approach30 cited