منابع مشابه
Minimizing Risk Costs through Optimal Responses in NPD Projects
In rapidly changing market environment, firms are investing a lot of time and resources into new product development (NPD) projects to make profit and to obtain competitive advantage. However, failure rate of NPD projects is becoming high due to various internal and external risks which hinder successful NPD projects. To reduce the failure rate, it is critical that risks have to be managed effe...
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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 ...
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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...
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Standard cost-benefit analyses and asset pricing theories are based on the assumption that investment projects have marginal impacts on the consumption flows of stakeholders, so that social values and prices are not affected. This may not be true for large projects, such as those related to climate change or to the implementation of infrastructure projects in developing countries. In this paper...
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For many cases, grading and prioritizing the projects are so important in project-based organizations. In fact, it means prioritizing some projects and allocating organizational resource only to those projects to reach the organization profit up to maximum level through such allocation and decision. There are many different factors contribute in choosing the best project combination for organiz...
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ژورنال
عنوان ژورنال: European Journal of Sustainable Development
سال: 2017
ISSN: 2239-5938,2239-6101
DOI: 10.14207/ejsd.2017.v6n1p23