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| Author: | Miller, L. T. Park, C. S. |
| Title: | Decision making under uncertainty - real options to the rescue? |
| Journal: | Engineering Economist
2002 : VOL. 47:2, p. 105-150 |
| Index terms: | Decision making Uncertainty Options |
| Language: | eng |
| Abstract: | The paper highlights applications, real-world users, modeling approaches, ROA (real options analysis) assumptions, and future research directions. It supports research efforts to combine decision analysis tools with financial option pricing techniques to develop a real option framework that will be accepted in industry to make decisions in today's fast-paced and highly competitive business environment. |
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