| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1710287 | Applied Mathematics Letters | 2007 | 5 Pages |
Abstract
This work presents a real options approach to the valuation of multiple investment projects, focusing on the case of option to expand and/or to contract. Proper valuation formulas are obtained by solving Black–Scholes PDE and the impact of strategic interaction among multiple options is studied.
Related Topics
Physical Sciences and Engineering
Engineering
Computational Mechanics
Authors
Rossella Agliardi,