Process for Application of the Real Options Methodology in Investment Project Valuation

• Autorzy: Krzysztof Marcinek , Rafał Ziarkowski
• Języki publikacji: EN

Abstrakty

EN

This article presents a comprehensive process for application of the real options methodology in the investment project analysis and valuation. In the first part of the article some processes proposed in the world literature will be briefly discussed than the authors will present their own proposition of such a process and characterise all its steps.(fragment of text)

Słowa kluczowe

EN

Investment project; Real options

PL

Projekty inwestycyjne; Opcje realne

• Czasopismo: Journal of Economics & Management / University of Economics in Katowice
• Rocznik: 2005
• Numer: nr 2
• Strony: 59--74

Twórcy

autor

Krzysztof Marcinek

• University of Economics in Katowice, Poland

autor

Rafał Ziarkowski

Bibliografia

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• Copland T, Anticarov V.: Real Options a practitioner's guide, Texere New York, 2001.
• Lint O., Pennings E.: R&D as an options on market introduction, R&D Management 28, 4, 1998.
• Luehrman T.A.: Investment Opportunities as Real Options: Getting Started on the Numbers, Harvard Business Review, July-August 1998.
• Marcinek K.: Ryzyko projektów inwestycyjnych, Akademia Ekonomiczna w Katowicach, Katowice, 2001.
• Micalizzi A.: Opzioni reali. Logiche e casi di valutazione degli investimenti in contesti di incertezza, EGEA, Italia, 1997.
• Miller K.D., Waller H.G.: Scenarios, Real Options and Integrated Risk Management, Long Range Planning 36, 2003.
• Shockey R.L.: Two Real Options Case Studies, Papers from 5th Annual International Conference on Real Options, Los Angeles, July 2001.
• Trigeorgis L.: Real Options: Managerial Flexibility and Strategy in Resource Allocation, The MIT Press, 1996.
• A Guide to the Management Body of Knowledge, Project Management Institute, Upper Darby, 1996.