Project evaluation in the presence of multiple embedded real options: evidence from the Taiwan High-Speed Rail Project
Tài liệu tham khảo
Barone-Adesi, 1987, Efficient analytical approximation of American option values, Journal of Finance, 42, 301, 10.2307/2328254
Brennan, 1985, Evaluating natural resource investments, Journal of Business, 58, 135, 10.1086/296288
Copeland, T., & Antikarov, V. (2001). Real options: A practitioner’s guide. London: Texere.
Cox, 1976, The valuation of options for alternative stochastic processes, Journal of Financial Economics, 3, 145, 10.1016/0304-405X(76)90023-4
Dixit, A., & Pindyck, R. (1994). Investment under uncertainty. New Jersey: Princeton University Press.
Geske, 1984, The American put option valued analytically, Journal of Finance, 39, 1511, 10.2307/2327741
Johnson, 1983, An analytic approximation for the American put price, Journal of Financial and Quantitative Analysis, 18, 237, 10.2307/2330809
McDonald, 1985, Investment and the valuation of firms when there is an option to shut down, International Economic Review, 28, 331, 10.2307/2526587
McDonald, 1986, The value of waiting to invest, Quarterly Journal of Economics, 101, 707, 10.2307/1884175
Moel, A., & Tufano, P. (1998). When are real options exercised? An empirical study of mine closings (Working Paper). Harvard Business School.
Myers, 1990, Abandonment value and project life, Advances in Futures and Options Research, 4, 1
Paddock, 1988, Option valuation of claims on physical assets: The case of offshore petroleum leases, Quarterly Journal of Economic, 103, 479, 10.2307/1885541
Quigg, 1993, Empirical testing of real option-pricing models, Journal of Finance, 48, 265, 10.2307/2328915
Tiong, 1992, Critical success factors in winning BOT contracts, Journal of Construction Engineering and Management, 118, 217, 10.1061/(ASCE)0733-9364(1992)118:2(217)
Trigeorgis, 1991, A log-transformed binomial numerical analysis method for valuing complex multi-option investment, Journal of Financial and Quantitative Analysis, 26, 309, 10.2307/2331209
Trigeorgis, 1993, The nature of option interactions and the valuation of investment with multiple real options, Journal of Financial and Quantitative Analysis, 28, 1, 10.2307/2331148