A fuzzy real option approach for investment project valuation
β Scribed by Shiu-Hwei Ho; Shu-Hsien Liao
- Book ID
- 113606899
- Publisher
- Elsevier Science
- Year
- 2011
- Tongue
- English
- Weight
- 541 KB
- Volume
- 38
- Category
- Article
- ISSN
- 0957-4174
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
To have a real option means to have the possibility for a certain period to either choose for or against making an investment decision, without binding oneself up front. The real option rule is that one should invest today only if the net present value is high enough to compensate for giving up the
R&D project selection decision is very important in two ways. First, in many organizations, R&D budget represents huge investment. Project selection decisions could be thought with the strategic objectives and plans of the firm. Second, R&D projects' organizational returns are multidimensional in na