Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5078227 | International Journal of Industrial Organization | 2011 | 9 Pages |
Abstract
⺠Real options analysis of profitability of genetically modified crops. ⺠Data on market entry estimated with simulated maximum likelihood. ⺠Developing countries characterized by higher downward return volatility. ⺠Industrialized countries: high entry costs but optimistic environment. ⺠Findings contribute to understanding of technical advance in biotechnology.
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Authors
Denis Nadolnyak, Mario J. Miranda, Ian Sheldon,