A dynamic programming approach for evaluating a portfolio of R&D projects with a budget
The Real Options approach has proved to be a suitable methodology for capturing the flexibility in the investment decision process. This is very useful for the financial evaluation of R&D projects where there are several possible decisions concerning to the investment – delaying, improving or ab...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | article |
| Language: | eng |
| Published: |
2015
|
| Subjects: | |
| Online Access: | https://ciencia.iscte-iul.pt/public/pub/id/19817 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/9568 |