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Real Options and Investment Incentives Book

Real Options and Investment Incentives
Real Options and Investment Incentives, , Real Options and Investment Incentives has a rating of 3 stars
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Real Options and Investment Incentives, , Real Options and Investment Incentives
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  • Real Options and Investment Incentives
  • Written by author Gunther Friedl
  • Published by Springer-Verlag New York, LLC, February 2007
  • This work analyzes the problem of delegated decision-making within firms when investment projects are characterized by the possibility to make subsequent decisions after the initial investment decision has been made. By analyzing this question, the monogr
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Introduction.- Institutional and Methodological Background for the Analysis of Investment Incentives.- Capital Rationing as an Incentive Instrument for Growth Options.- Residual Income as a Performance Measure for Switching Options.- Residual Income as a Performance Measure in the Presence of Waiting Options.- Implications and Conclusions.


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