Real options valuation (English Wikipedia)

Yaish & Zohar 2020. Yaish, Aviv; Zohar, Aviv (2020-06-18). Correct Cryptocurrency ASIC Pricing: Are Miners Overpaying?. 5th Conference on Advances in Financial Technologies (AFT 2023). Schloss Dagstuhl – Leibniz-Zentrum für Informatik. arXiv:2002.11064. doi:10.4230/LIPIcs.AFT.2023.2. S2CID 211296648.
Caputo, Cesare; Cardin, Michel-Alexandre; Ge, Pudong; Teng, Fei; Korre, Anna; Antonio del Rio Chanona, Ehecatl (2023-04-01). "Design and planning of flexible mobile Micro-Grids using Deep Reinforcement Learning". Applied Energy. 335: 120707. arXiv:2212.04136. Bibcode:2023ApEn..33520707C. doi:10.1016/j.apenergy.2023.120707. ISSN 0306-2619.

books.google.com

Nijssen, E. (2014). Entrepreneurial Marketing; an effectual approach. Chapter 2, Routelegde, 2014.

businessfinancemag.com

Joanne Sammer: Thinking in Real (Options) Time, businessfinancemag.com

capatcolumbia.com

Michael J. Mauboussin, Credit Suisse First Boston, 1999. Get Real: Using Real Options in Security Analysis

cfainstitute.org

Don M. Chance and Pamela P. Peterson (2002). Real Options and Investment Valuation. The Research Foundation of AIMR

doi.org

Locatelli, Giorgio; Mancini, Mauro; Lotti, Giovanni (2020-04-15). "A simple-to-implement real options method for the energy sector". Energy. 197: 117226. Bibcode:2020Ene...19717226L. doi:10.1016/j.energy.2020.117226. ISSN 0360-5442. S2CID 213872142. Archived from the original on 4 May 2020.
Locatelli, Giorgio; Boarin, Sara; Pellegrino, Francesco; Ricotti, Marco E. (2015-02-01). "Load following with Small Modular Reactors (SMR): A real options analysis" (PDF). Energy. 80: 41–54. Bibcode:2015Ene....80...41L. doi:10.1016/j.energy.2014.11.040. hdl:11311/881391.
Trigeorgis, Lenos; Reuer, Jeffrey J. (2017). "Real options theory in strategic management". Strategic Management Journal. 38 (1): 42–63. doi:10.1002/smj.2593. ISSN 1097-0266.
Oriani, Raffaele; Sobrero, Maurizio (2008). "Uncertainty and the market valuation of R&D within a real options logic". Strategic Management Journal. 29 (4): 343–361. doi:10.1002/smj.664. ISSN 1097-0266.
Huang, Hsini; Jong, Simcha (2019). "Public Funding for Science and the Value of Corporate R&D Projects; Evidence from Project Initiation and Termination Decisions in Cell Therapy". Journal of Management Studies. 56 (5): 1000–1039. doi:10.1111/joms.12423. hdl:1887/74625. ISSN 1467-6486.
Gunther McGrath, Rita; Nerkar, Atul (January 2004). "Real options reasoning and a new look at the R&D investment strategies of pharmaceutical firms". Strategic Management Journal. 25 (1): 1–21. doi:10.1002/smj.358. ISSN 0143-2095.
Yaish & Zohar 2020. Yaish, Aviv; Zohar, Aviv (2020-06-18). Correct Cryptocurrency ASIC Pricing: Are Miners Overpaying?. 5th Conference on Advances in Financial Technologies (AFT 2023). Schloss Dagstuhl – Leibniz-Zentrum für Informatik. arXiv:2002.11064. doi:10.4230/LIPIcs.AFT.2023.2. S2CID 211296648.
Zhang, S.X.; Babovic, V. (2011). "An evolutionary real options framework for the design and management of projects and systems with complex real options and exercising conditions". Decision Support Systems. 51 (1): 119–129. doi:10.1016/j.dss.2010.12.001. S2CID 15362734.
Tan, Jackson J.; Trinidad, Fernando L. (2018-02-15). "A real options model for loan portfolios of actively traded Philippine universal banks". Journal of Global Entrepreneurship Research. 8: 4. doi:10.1186/s40497-018-0091-9. ISSN 2251-7316.
Tan, Jackson J.; Trinidad, Fernando L. (January 3, 2019). Comparing Theory With Reported Data for Reliability: Real Options Modeling of Actively Traded Philippine Universal Banks - SAGE Research Methods. SAGE. doi:10.4135/9781526479952. ISBN 978-1-5264-7995-2. S2CID 188355112. Retrieved 2019-01-05.
Tan, Jackson J. (2018-01-01). "Interfaces for enterprise valuation from a real options lens". Strategic Change. 27 (1): 69–80. doi:10.1002/jsc.2181. ISSN 1099-1697.
Cobb, Barry; Charnes, John (2004). "Real Options Volatility Estimation with Correlated Inputs". The Engineering Economist. 49 (2): 119–137. doi:10.1080/00137910490453392. S2CID 154342832. Retrieved 30 January 2014.
Gilbert, E (2004). "An Introduction to Real Options" (PDF). Investment Analysts Journal. 33 (60): 49–52. doi:10.1080/10293523.2004.11082463. S2CID 166808417. Archived from the original (PDF) on 2012-05-25. Retrieved 2012-01-12.
Cortazar, Gonzalo; Gravet, Miguel; Urzua, Jorge (2008). "The valuation of multidimensional American real options using the LSM simulation method" (PDF). Computers & Operations Research. 35: 113–129. doi:10.1016/j.cor.2006.02.016. hdl:10533/139003.
Brennan, J.; Schwartz, E. (1985). "Evaluating Natural Resource Investments". The Journal of Business. 58 (2): 135–157. doi:10.1086/296288. JSTOR 2352967.
Mathews, S.; Datar, V. (2007). "A Practical Method for Valuing Real Options: The Boeing Approach". Journal of Applied Corporate Finance. 19 (2): 95–104. doi:10.1111/j.1745-6622.2007.00140.x.
Collan, M.; Fullér, R.; Mezei, J. (2009). "Fuzzy Pay-Off Method for Real Option Valuation". Journal of Applied Mathematics and Decision Sciences. 2009 (13601): 1–15. CiteSeerX 10.1.1.534.2962. doi:10.1155/2009/238196 (inactive 2024-07-29).{{cite journal}}: CS1 maint: DOI inactive as of July 2024 (link)
de Neufville, Richard; Scholtes, Stefan (2011-08-12). Flexibility in Engineering Design. The MIT Press. doi:10.7551/mitpress/8292.001.0001. ISBN 978-0-262-30356-9.
Cardin, Michel-Alexandre (2013-11-07). "Enabling Flexibility in Engineering Systems: A Taxonomy of Procedures and a Design Framework". Journal of Mechanical Design. 136 (1). doi:10.1115/1.4025704. ISSN 1050-0472.
Cardin, Michel-Alexandre; Xie, Qihui; Ng, Tsan Sheng; Wang, Shuming; Hu, Junfei (2017-01-02). "An approach for analyzing and managing flexibility in engineering systems design based on decision rules and multistage stochastic programming". IISE Transactions. 49 (1): 1–12. doi:10.1080/0740817X.2016.1189627. ISSN 2472-5854. S2CID 114918346.
Caunhye, Aakil M.; Cardin, Michel-Alexandre (2017-08-03). "An approach based on robust optimization and decision rules for analyzing real options in engineering systems design". IISE Transactions. 49 (8): 753–767. doi:10.1080/24725854.2017.1299958. ISSN 2472-5854. S2CID 116766275.
Caputo, Cesare; Cardin, Michel-Alexandre (2021-09-21). "Analyzing Real Options and Flexibility in Engineering Systems Design Using Decision Rules and Deep Reinforcement Learning". Journal of Mechanical Design. 144 (2). doi:10.1115/1.4052299. hdl:10044/1/91265. ISSN 1050-0472. S2CID 239108817.
Caputo, Cesare; Cardin, Michel-Alexandre; Ge, Pudong; Teng, Fei; Korre, Anna; Antonio del Rio Chanona, Ehecatl (2023-04-01). "Design and planning of flexible mobile Micro-Grids using Deep Reinforcement Learning". Applied Energy. 335: 120707. arXiv:2212.04136. Bibcode:2023ApEn..33520707C. doi:10.1016/j.apenergy.2023.120707. ISSN 0306-2619.
Cardin, Michel-Alexandre; Mijic, Ana; Whyte, Jennifer (2020), Maier, Anja; Oehmen, Josef; Vermaas, Pieter E. (eds.), "Flexibility and Real Options in Engineering Systems Design", Handbook of Engineering Systems Design, Cham: Springer International Publishing, pp. 1–29, doi:10.1007/978-3-030-46054-9_35-1, ISBN 978-3-030-46054-9, retrieved 2023-10-16

drive.google.com

Cobb, Barry; Charnes, John (2004). "Real Options Volatility Estimation with Correlated Inputs". The Engineering Economist. 49 (2): 119–137. doi:10.1080/00137910490453392. S2CID 154342832. Retrieved 30 January 2014.

duke.edu

faculty.fuqua.duke.edu

Campbell, R. Harvey. Identifying real options, Duke University, 2002.
This section draws primarily on Campbell R. Harvey: Identifying Real Options.

financialcertified.com

Jenifer Piesse and Alexander Van de Putte. (2004). "Volatility estimation in Real Options". 8th Annual International Conference on Real Options

financialdecisionsonline.org

Michael C. Ehrhardt and John M. Wachowicz, Jr (2006). Capital Budgeting and Initial Cash Outlay (ICO) Uncertainty. Financial Decisions, Summer 2006.

gonzalocortazar.com

Cortazar, Gonzalo; Gravet, Miguel; Urzua, Jorge (2008). "The valuation of multidimensional American real options using the LSM simulation method" (PDF). Computers & Operations Research. 35: 113–129. doi:10.1016/j.cor.2006.02.016. hdl:10533/139003.

handle.net

hdl.handle.net

Locatelli, Giorgio; Boarin, Sara; Pellegrino, Francesco; Ricotti, Marco E. (2015-02-01). "Load following with Small Modular Reactors (SMR): A real options analysis" (PDF). Energy. 80: 41–54. Bibcode:2015Ene....80...41L. doi:10.1016/j.energy.2014.11.040. hdl:11311/881391.
Huang, Hsini; Jong, Simcha (2019). "Public Funding for Science and the Value of Corporate R&D Projects; Evidence from Project Initiation and Termination Decisions in Cell Therapy". Journal of Management Studies. 56 (5): 1000–1039. doi:10.1111/joms.12423. hdl:1887/74625. ISSN 1467-6486.
Cortazar, Gonzalo; Gravet, Miguel; Urzua, Jorge (2008). "The valuation of multidimensional American real options using the LSM simulation method" (PDF). Computers & Operations Research. 35: 113–129. doi:10.1016/j.cor.2006.02.016. hdl:10533/139003.
Caputo, Cesare; Cardin, Michel-Alexandre (2021-09-21). "Analyzing Real Options and Flexibility in Engineering Systems Design Using Decision Rules and Deep Reinforcement Learning". Journal of Mechanical Design. 144 (2). doi:10.1115/1.4052299. hdl:10044/1/91265. ISSN 1050-0472. S2CID 239108817.

harvard.edu

ui.adsabs.harvard.edu

Locatelli, Giorgio; Mancini, Mauro; Lotti, Giovanni (2020-04-15). "A simple-to-implement real options method for the energy sector". Energy. 197: 117226. Bibcode:2020Ene...19717226L. doi:10.1016/j.energy.2020.117226. ISSN 0360-5442. S2CID 213872142. Archived from the original on 4 May 2020.
Locatelli, Giorgio; Boarin, Sara; Pellegrino, Francesco; Ricotti, Marco E. (2015-02-01). "Load following with Small Modular Reactors (SMR): A real options analysis" (PDF). Energy. 80: 41–54. Bibcode:2015Ene....80...41L. doi:10.1016/j.energy.2014.11.040. hdl:11311/881391.
Caputo, Cesare; Cardin, Michel-Alexandre; Ge, Pudong; Teng, Fei; Korre, Anna; Antonio del Rio Chanona, Ehecatl (2023-04-01). "Design and planning of flexible mobile Micro-Grids using Deep Reinforcement Learning". Applied Energy. 335: 120707. arXiv:2212.04136. Bibcode:2023ApEn..33520707C. doi:10.1016/j.apenergy.2023.120707. ISSN 0306-2619.

hbsp.harvard.edu

Timothy A. Luehrman and William A. Teichner: "Arundel Partners: The Sequel Project." Harvard Business School Publishing case no. 9-292-140 (1992)

hbr.org

Copeland, T.; Tufano, P. (2004). "A Real-World Way to Manage Real Options". Harvard Business Review. 82 (3): 90–9, 128. PMID 15029793.

iassa.co.za

Gilbert, E (2004). "An Introduction to Real Options" (PDF). Investment Analysts Journal. 33 (60): 49–52. doi:10.1080/10293523.2004.11082463. S2CID 166808417. Archived from the original (PDF) on 2012-05-25. Retrieved 2012-01-12.

ibm.com

www-935.ibm.com

Dan Latimore: Calculating value during uncertainty. IBM Institute for Business Value

jstor.org

Brennan, J.; Schwartz, E. (1985). "Evaluating Natural Resource Investments". The Journal of Business. 58 (2): 135–157. doi:10.1086/296288. JSTOR 2352967.

mit.edu

direct.mit.edu

de Neufville, Richard; Scholtes, Stefan (2011-08-12). Flexibility in Engineering Design. The MIT Press. doi:10.7551/mitpress/8292.001.0001. ISBN 978-0-262-30356-9.

nih.gov

pubmed.ncbi.nlm.nih.gov

Copeland, T.; Tufano, P. (2004). "A Real-World Way to Manage Real Options". Harvard Business Review. 82 (3): 90–9, 128. PMID 15029793.

nobelprize.org

Robert Merton, Nobel Lecture: Applications of Option-Pricing Theory: Twenty-Five Years Later, Pages 107, 115; reprinted: American Economic Review, American Economic Association, vol. 88(3), pages 323–49, June.

nyu.edu

pages.stern.nyu.edu

Justin Pettit: Applications in Real Options and Value-based Strategy; Ch.4. in Trigeorgis (1996)
This sub-section is additionally based on Aswath Damodaran: The Option to Expand and Abandon.
Aswath Damodaran: Risk Adjusted Value; Ch 5 in Strategic Risk Taking: A Framework for Risk Management. Wharton School Publishing, 2007. ISBN 0-13-199048-9
Ronald Fink: Reality Check for Real Options, CFO Magazine, September, 2001

people.stern.nyu.edu

Aswath Damodaran: Valuing Firms in Distress.

stern.nyu.edu

Damodaran, Aswath (2005). "The Promise and Peril of Real Options" (PDF). NYU Working Paper (S-DRP-05-02).

psu.edu

citeseerx.ist.psu.edu

Collan, M.; Fullér, R.; Mezei, J. (2009). "Fuzzy Pay-Off Method for Real Option Valuation". Journal of Applied Mathematics and Decision Sciences. 2009 (13601): 1–15. CiteSeerX 10.1.1.534.2962. doi:10.1155/2009/238196 (inactive 2024-07-29).{{cite journal}}: CS1 maint: DOI inactive as of July 2024 (link)

puc-rio.br

Marco Dias. Real Options with Monte Carlo Simulation Archived 2010-03-18 at the Wayback Machine
See Marco Dias: Does Risk-Neutral Valuation Mean that Investors Are Risk-Neutral? Archived 2010-07-16 at the Wayback Machine, Is It Possible to Use Real Options for Incomplete Markets?

researchgate.net

Zhang, S.X.; Babovic, V. (2011). "An evolutionary real options framework for the design and management of projects and systems with complex real options and exercising conditions". Decision Support Systems. 51 (1): 119–129. doi:10.1016/j.dss.2010.12.001. S2CID 15362734.

sagepub.com

methods.sagepub.com

Tan, Jackson J.; Trinidad, Fernando L. (January 3, 2019). Comparing Theory With Reported Data for Reliability: Real Options Modeling of Actively Traded Philippine Universal Banks - SAGE Research Methods. SAGE. doi:10.4135/9781526479952. ISBN 978-1-5264-7995-2. S2CID 188355112. Retrieved 2019-01-05.

sciencedirect.com

Locatelli, Giorgio; Mancini, Mauro; Lotti, Giovanni (2020-04-15). "A simple-to-implement real options method for the energy sector". Energy. 197: 117226. Bibcode:2020Ene...19717226L. doi:10.1016/j.energy.2020.117226. ISSN 0360-5442. S2CID 213872142. Archived from the original on 4 May 2020.

semanticscholar.org

api.semanticscholar.org

Locatelli, Giorgio; Mancini, Mauro; Lotti, Giovanni (2020-04-15). "A simple-to-implement real options method for the energy sector". Energy. 197: 117226. Bibcode:2020Ene...19717226L. doi:10.1016/j.energy.2020.117226. ISSN 0360-5442. S2CID 213872142. Archived from the original on 4 May 2020.
Yaish & Zohar 2020. Yaish, Aviv; Zohar, Aviv (2020-06-18). Correct Cryptocurrency ASIC Pricing: Are Miners Overpaying?. 5th Conference on Advances in Financial Technologies (AFT 2023). Schloss Dagstuhl – Leibniz-Zentrum für Informatik. arXiv:2002.11064. doi:10.4230/LIPIcs.AFT.2023.2. S2CID 211296648.
Zhang, S.X.; Babovic, V. (2011). "An evolutionary real options framework for the design and management of projects and systems with complex real options and exercising conditions". Decision Support Systems. 51 (1): 119–129. doi:10.1016/j.dss.2010.12.001. S2CID 15362734.
Tan, Jackson J.; Trinidad, Fernando L. (January 3, 2019). Comparing Theory With Reported Data for Reliability: Real Options Modeling of Actively Traded Philippine Universal Banks - SAGE Research Methods. SAGE. doi:10.4135/9781526479952. ISBN 978-1-5264-7995-2. S2CID 188355112. Retrieved 2019-01-05.
Cobb, Barry; Charnes, John (2004). "Real Options Volatility Estimation with Correlated Inputs". The Engineering Economist. 49 (2): 119–137. doi:10.1080/00137910490453392. S2CID 154342832. Retrieved 30 January 2014.
Gilbert, E (2004). "An Introduction to Real Options" (PDF). Investment Analysts Journal. 33 (60): 49–52. doi:10.1080/10293523.2004.11082463. S2CID 166808417. Archived from the original (PDF) on 2012-05-25. Retrieved 2012-01-12.
Cardin, Michel-Alexandre; Xie, Qihui; Ng, Tsan Sheng; Wang, Shuming; Hu, Junfei (2017-01-02). "An approach for analyzing and managing flexibility in engineering systems design based on decision rules and multistage stochastic programming". IISE Transactions. 49 (1): 1–12. doi:10.1080/0740817X.2016.1189627. ISSN 2472-5854. S2CID 114918346.
Caunhye, Aakil M.; Cardin, Michel-Alexandre (2017-08-03). "An approach based on robust optimization and decision rules for analyzing real options in engineering systems design". IISE Transactions. 49 (8): 753–767. doi:10.1080/24725854.2017.1299958. ISSN 2472-5854. S2CID 116766275.
Caputo, Cesare; Cardin, Michel-Alexandre (2021-09-21). "Analyzing Real Options and Flexibility in Engineering Systems Design Using Decision Rules and Deep Reinforcement Learning". Journal of Mechanical Design. 144 (2). doi:10.1115/1.4052299. hdl:10044/1/91265. ISSN 1050-0472. S2CID 239108817.

ssrn.com

papers.ssrn.com

Pablo Fernandez (2019). "Valuing Real Options: Frequently Made Errors". SSRN 274855.
Cortazar, Gonzalo (2000). "Simulation and Numerical Methods in Real Options Valuation". EFMA 2000 Athens. SSRN 251653.
Datar, V.; Mathews, S. (2004). "European Real Options: An Intuitive Algorithm for the Black Scholes Formula". Journal of Applied Finance. 14 (1). SSRN 560982.