THE REAL OPTIONS APPROACH TO VALUATION: CHALLENGES AND OPPORTUNITIES
This paper provides an overview of the real options approach to valuation mainly from the point of view of the author who has worked in this area for over 30 years. After a general introduction to the subject, numerical procedures to value real options are discussed. Recent developments in the valua...
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Lenguaje: | English |
Publicado: |
Pontificia Universidad Católica de Chile. Instituto de Economía.
2013
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Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200001 |
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