An option pricing approach to optimal bidding in construction projects
Reaching an optimal mark‐up value in the context of construction projects' bidding competitions has been a research topic for more than 40 years. This paper aims to contribute to this debate by applying a real options approach. The proposed model has a pure theoretical nature and is based on a...
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| Other Authors: | , |
| Format: | article |
| Language: | eng |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/11144/3744 |
| Country: | Portugal |
| Oai: | oai:repositorio.ual.pt:11144/3744 |