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Comparative Analysis of Approaches to Cost Assessment of Real Options of Investment Projects


Ignatiy Telekhov
(about the author)

Telekhov Ignatiy Igorevich – Assistant of the Academic Department of Enterprise Economy and Entrepreneurship, Saint-Petersburg State University

Published in:
Russian Journal of Entrepreneurship
– № 8 / April, 2013



Keywords: Black-Scholes options valuation model, Cox-Ross-Rubinstein options valuation model, economic evaluation of projects, investment projects, real options, risk management


Citation:
Ignatiy Telekhov (2013). Comparative Analysis of Approaches to Cost Assessment of Real Options of Investment Projects. Russian Journal of Entrepreneurship, 14(8), 12-17. — url: http://bgscience.ru/com/lib/4220


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Abstract:

The article provides comparison of different approaches to real option valuation and provides recommendations on real the use of analyzed approaches in investment projects of different types.








References:
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3. Copeland T., Tufano P. Real-World Way to Manage Real Options // Harvard Business Review. – 2004. – Vol. 82 Issue 3 (March).
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9. Nau R.F., Smith J.E. Valuing Risky Projects: Option Pricing Theory and Decision Analysis // Management Science. – 1995. – Vol. 41, № 5 (May).

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