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Real R & D Options Book

Real R & D Options
Real R & D Options, Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharin, Real R & D Options has a rating of 3.5 stars
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Real R & D Options, Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharin, Real R & D Options
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  • Real R & D Options
  • Written by author Dean Paxson
  • Published by Elsevier Science, December 2002
  • Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharin
  • Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, ma
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List of contributors
1Introduction to real R&D options1
2On irreversibility, sunk costs and investment under incomplete information11
3Investment under economic and implementation uncertainty30
4An options approach to new product development: experience from Philips Electronics48
5Analytic solutions for the value of the option to (dis)invest67
6Student's distribution and the value of real options91
7Real R&D options with endogenous and exogenous learning111
8Approximate valuation of real R&D American sequential exchange options130
9Optimal exploration investments under price and geological-technical uncertainty: a real options model149
10Investments in technological innovations under incomplete information166
11The effect of first-mover's advantages on the strategic exercise of real options185
12Leader/follower real value functions if the market share follows a birth/death process208
13R&D investment decision and optimal subsidy228
14Optimal R&D investment tax credits under mean reversion return251
15Genzyme Biosurgery: a virtual real R&D option case271
16Selective review of real R&D options literature291
Index325


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