Titlebook: Real Options; Thomas Dangl,Michael Kopel,Wolfgang Kürsten Book 2004 Springer Fachmedien Wiesbaden 2004 Finanzierung.Investment.Investment

禁止

n of the review process, Chancellor Angela Merkel announced on May 30 that Germany would phase-out nuclear power by 2022. Parliament passed the respective bill with an overwhelming majority on 8 July 2011. A heated public debate had come to an end: nuclear power was done for and over with.

漫不經(jīng)心

PACT

闡明

Intellectual

25 Years Real Options Approach to Investment Valuation: Review and Assessment,ce the first appearence of the term, this article sets out to review the main contributions to real options theory and assess their impact on our understanding of managerial behavior in an environment characterized by economic uncertainty and flexibility. Next to the option pricing foundations, the

Gene408

Accounting-based Investment Incentives and Real Options,” investment projects that are optimal from the perspective of the firm’s owner. This paper analyzes such incentive schemes in a real options setting, involving decisions about both the creation of new and the exercise of already existing real options. It is shown that the prior results carry over f

miracle

PAN

Accounting-based Investment Incentives and Real Options,viate these problems, a contingent depreciation schedule is introduced. Although this rule goes a long way towards a goal-congruent solution for many situations, it cannot fully eliminate all incentives to deviate from first-best decisions.

CLASP

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