Wilson, William; Shakya, Sumadhur; Dahl, Bruce - In: Agricultural Finance Review 75 (2015) 2, pp. 213-229
Purpose – The purpose of this paper is to develop an analytical model to value traits at different developmental phases and to determine the value of drought tolerance (DT) in wheat using GM technology. Design/methodology/approach – A stochastic binomial real-options model of GM traits was...