Project flexibility, agency, and competition : new developments in the theory and application of real options

摘要: 1. (Introduction) Real Options Analysis: Development and New Contributions PART I: OPTIMAL CONTINGENT POLICIES AND THE VALUE OF FLEXIBILITY 2. Rules of Thumb in Capital Budgeting 3. Investment Flexible Technologies under Uncertainty 4. Expandability, Reversibility, Optimal Capacity Choice 5. Entry Exit Strategies Non-Gaussian Distributions 6. Evaluating Research Investments II: AGENCY, CONTRACTS, INCENTIVES 7. A Self-Enforced Dynamic Contract for Processing Natural Resources 8. Bidding the Antamina Mine: Valuation Incentives a Context 9. Agency, Costs, Underinvestment, Structure: The Effect Growth to Expand III: IN NATURAL ENVIRONMENTAL RESOURCE INVESTMENTS 10. Resource with Stochastic Conscience Yields Interest Rates 11. Compound Option Model Multi-Stage 12. Extraction Nonrenewable when Costs Cumulate 13. Timing Emission Limits Ecological IV: STRATEGIC OPTIONS PRODUCT MARKET COMPETITION 14. Competitive Decisions: Synthesis 15. Equilibrium Time To Build: Approach 16. Strategic Sequential Sleeping Patents 17. Ship Lay-Up Freight