Real options in a systemic approach to the timing problem in development projects
Journal Title: Operations Research and Decisions - Year 2015, Vol 25, Issue 3
Abstract
The management environment at the beginning of the XXI century is characterized by high volatility. Development projects should take into account not only certain deliverables but also any opportunities that may arise. These opportunities are called real options. The paper describes a systems approach to various types of real options that can be found in a project’s environment. A method is presented for using such options in the timing problem.
Authors and Affiliations
Krzysztof TARGIEL
Keywords
Related Articles
- EP ID EP323600
- DOI -
- Views 46
- Downloads 0
Measurement of stock market liquidity supported by an algorithm inferring the initiator of a trade
The aim of this study is to assess and analyse selected liquidity/illiquidity measures derived from high-frequency intraday data from the Warsaw Stock Exchange (WSE). As the side initiating a trade cannot be directly ide...
Graphical presentation of a measure of an employee's competence for a job position
The main objective of this paper was to develop a graphical presentation of a measure of an employee’s competence (ECVM) for a job position. In this context, the essence and formula for measuring the value of an employee...
Spectral analysis of business cycles in Poland and its major trading partners
The properties of business cycles in Poland and its major trading partners have been examined. The business cycle synchronization (BCS) between Poland and other countries was studied in order to assess the impact of inte...
Innovative advantages ranking. A new approach
Assessing/ranking the innovative advantages of countries is a problem of current interest. However, the set of tools used for this purpose are very narrow and often prone to criticism. The aim of this study is to somewha...
The portfolio problem with present value modelled by a discrete trapezoidal fuzzy number
A multi-asset portfolio in the case of its present value estimated by a discrete trapezoidal fuzzy number has been assessed. The benefits of owning a security have been evaluated according to an expected fuzzy discount f...