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A real options perspective on the future of the Euro

✍ Scribed by Alvarez, Fernando; Dixit, Avinash

Book ID
123082589
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
889 KB
Volume
61
Category
Article
ISSN
0304-3932

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## Abstract In this paper we develop and test theory regarding whether entrepreneurs contemplating starting a new venture account for the value of the option to defer the entry decision. While others have illuminated the theoretical applicability of real options theory to entrepreneurship, empirica