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Real option analysis of a technology portfolio

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  • Hilli, Petri
  • Kallio, Maarit
  • Kallio, Markku

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  • Hilli, Petri & Kallio, Maarit & Kallio, Markku, 2007. "Real option analysis of a technology portfolio," Review of Financial Economics, Elsevier, vol. 16(2), pages 127-147.
    • Handle: RePEc:eee:revfin:v:16:y:2007:i:2:p:127-147
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    References listed on IDEAS

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    1. James E. Smith & Robert F. Nau, 1995. "Valuing Risky Projects: Option Pricing Theory and Decision Analysis," Management Science, INFORMS, vol. 41(5), pages 795-816, May.
    2. Merton, Robert C., 1971. "Optimum consumption and portfolio rules in a continuous-time model," Journal of Economic Theory, Elsevier, vol. 3(4), pages 373-413, December.
    3. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    4. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
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