Santiago, Leonardo P.; Vakili, Pirooz - In: Management Science 51 (2005) 8, pp. 1206-1218
&D) project. We also consider the related question of the impact of increased project uncertainty on the value of management …" management. These questions have already been formulated in an insightful paper in the literature, where different sources of … options that provide management flexibility. We follow the same formulation. We derive a set of negative results that are …