Investing in a random start American option under competition
In this paper we develop a model to determine the value of the opportunity to invest in a random start American real option. In contrast to a typical American option, the random start option only exists if an exogenous event occurs materializing the American option to invest. In addition, the effect...
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| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2019
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| Texto completo: | http://hdl.handle.net/1822/65728 |
| País: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/65728 |