Bérard, Céline; Perez, Marie-Hélène - Université Paris-Dauphine (Paris IX) - 2009
Recently, the concept of real options had raised in popularity among scholars. Although, real options allow to analyze … measure and value uncertainty which are critical steps in decision making, real options are scarcely used in practice. The … complexity of the concept is one of the main reasons for this. The concept of real options is composed of many factors, different …