operational flexibility of the project. In this paper, real options, and more specifically the option to expand, are assumed to be … the real option to expand. Taking into account the analogy between real and financial options, the value of including an … option to expand is explored by using the binomial options pricing model. In this way, estimating the value of the option to …

operational flexibility of the project. In this paper, real options, and more specifically the option to expand, are assumed to be … the real option to expand. Taking into account the analogy between real and financial options, the value of including an … option to expand is explored by using the binomial options pricing model. In this way, estimating the value of the option to …

social determinants of retail buyers’ intentions to expand their relationships with a seller. Design/methodology/approach The … expansion. Findings Buyers’ intentions to expand relationships are primarily determined by the absence of a formal agreement …