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Author:Lint, O.
Pennings, E.
Title:Market entry, phased rollout or abandonment? A real approach
Journal:European Journal of Operational Research
2000 : JUL, VOL. 124:1, p.125-138
Index terms:Finance
Markets
Language:eng
Abstract:This paper proposes a model to value a phased rollout, and to determine the optimal time of a phased rollout as well as the optimal rollout area. Since a phased rollout of new products can be cosidered as an option on a worldwide launch, real option theory is applied to enhance decision making about entry strategy. We derive the analytical properties and illustrate the model with a case on phasing the rollout of CD-I at Phillips Electronics.
SCIMA record nr: 210270
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