Real R&D options

Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy and regu...

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Bibliographic Details
Other Authors: Paxson, Dean (-)
Format: eBook
Language:Inglés
Published: Oxford : Butterworth-Heinemann 2003.
Edition:1st edition
Series:Quantitative finance series.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627930906719
Table of Contents:
  • Cover; Real R&D Options; Copyright Page; Contents; List of contributors; Chapter 1. Introduction to real R&D options; Chapter 2. On irreversibility, sunk costs and investment under incomplete information; Chapter 3. Investment under economic and implementation uncertainty; Chapter 4. An options approach to new product development: experience from Philips Electronics; Chapter 5. Analytic solutions for the value of the option to (dis)invest; Chapter 6. Student's distribution and the value of real options; Chapter 7. Real R&D options with endogenous and exogenous learning
  • Chapter 8. Approximate valuation of real R&D American sequential exchange optionsChapter 9. Optimal exploration investments under price and geological-technical uncertainty: a real options model; Chapter 10. Investments in technological innovations under incomplete information; Chapter 11. The effect of first-mover's advantages on the strategic exercise of real options; Chapter 12. Leader/follower real value functions if the market share follows a birth/death process; Chapter 13. R&D investment decision and optimal subsidy
  • Chapter 14. Optimal R&D investment tax credits under mean reversion returnChapter 15. Genzyme Biosurgery: a virtual real R&D option case; Chapter 16. Selective review of real R&D options literature; Index