VALUATION OF SEQUENTIAL COMPOUND OPTION TO DEFAULT DURING CONSTRUCTION INCLUDED IN R&D PROJECT. CASE STUDY (Wycena sekwencyjnej opcji zlozenia zaprzestania realizacji projektu na podstawie metodologii zaprzeczenia aktywa rynkowego - analiza przypadku

• Authors: Mielcarz Pawel
• Languages of publication: PL

Abstracts

EN

The article presents a case study of valuation of sequential compound option to default during construction included in R&D project. The main goal of the author is to present methodological issues of application the binominal tree algorithm into real capital budgeting process. In order to achieve the goal the Market Asset Declaimer methodology was used. The article is a part of earlier presented publications, which discussed different methodological issues of real options valuations.

Keywords

EN

R&D PROJECT; SEQUENTIAL COMPOUND OPTION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Finansów i Zarządzania w Warszawie
• Journal: Contemporary Economics
• Year: 2008
• Issue: 3(7)
• Pages: 133-142
• Document type: ARTICLE

Contributors

author

Mielcarz Pawel

• Pawel Mielcarz, Akademia Leona Kozminskiego, ul. Jagiellonska 57, 03-301 Warszawa, Poland

Identifiers

CEJSH db identifier

11PLAAAA092435