ALTERNATIVE ASSESMENT OF INVESTMENT VALUE IN INNOVATIVE PROJECTS
نویسندگان
چکیده
منابع مشابه
Irreversible Investment in Alternative Projects
We examine the problem of a risk-neutral investor who has to choose among two alternative projects of different scales under output price uncertainty. We show that as soon as investment in the smaller scale project is sometimes optimal, the optimal investment strategy is not a trigger strategy and the optimal investment region is dichotomous. Whenever the investor has the opportunity to switch ...
متن کاملPreemptive Investment Game with Alternative Projects
This paper derives a preemptive equilibrium in strategic investment in alternative projects. The problem is formulated in a real options model with a multidimensional state variable that represents project-specific uncertainty. The proposed method enables us to evaluate the value of potential alternatives. The results not only extend previous studies with a one-dimensional state variable but al...
متن کاملOptimal investment in development projects
We consider investments in development projects within competitive environments where the ‘‘winner takes everything’’. Under stationary uncertainty, it is optimal to start investing immediately at full capacity and continue until exhausting the allocated budget. For non-stationary environments, active investment, possibly deferred, will always be at full capacity; an example demonstrates that f...
متن کاملInvestigating the Impact of Safety Investment on Safety Culture in Construction Projects - Case Study of Power Plant Construction Projects
Background and aims: Construction industry is known as one of the most perilous industries in that it is involving the hazardous projects as well as the high manpower activities correlating with a high rate of work-related accidents. On the other hand, the high rate of accidents in the industry demanding a big budget for the damages; therefore, safety is strongly emphasized in the construction ...
متن کاملassesment of economic projects in uncertain conditions (fuzzy approach)
the certainty assumption that is used in economic analysis, althouth is easier in analysis, may be but not logical because in most projects time is playing a key role. in this time horizon the amount of income and future costs affecting by factors that are not managable by investors and can not to be forecasted. therefore in practice usually there is a gap between forecased and real variables. ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Business Strategies
سال: 2019
ISSN: 2311-7184
DOI: 10.17747/2311-7184-2019-9-20-21