Blar i Artikkel - fagfellevurdert vitenskapelig / Articles - peer-reviewed på tidsskrift "Journal of Corporate Finance"
Viser treff 1-1 av 1
-
Real options, risk aversion and markets: A corporate finance perspective
(Peer reviewed; Journal article, 2022)We analyze how the presence of financial markets affects the optimal exercise of real options for a risk averse agent. Extending the results of Shackleton and Sodal (2005), we characterize the optimal exercise rule in terms ...