IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-1-4612-2068-8_6.html

Case Study: Flexibility in the Manufacturing Industry

In: A Stochastic Control Framework for Real Options in Strategic Evaluation

Author

Listed:
  • Alexander Vollert

    (Universität Karlsruhe (TH))

Abstract

So far the analysis has concentrated on the introduction of the stochastic control framework and the graphical decomposition method. Afterwards we extended the framework to deal with several special problems that occur with real options. But we have still not fully exploited the potential of the stochastic control framework to handle complex option interaction models. For that reason a realistic real option interaction model of production flexibility that might occur in practice will be presented in this chapter along with its main implications from an economic point of view as well as from a valuation technical point of view.

Suggested Citation

  • Alexander Vollert, 2003. "Case Study: Flexibility in the Manufacturing Industry," Springer Books, in: A Stochastic Control Framework for Real Options in Strategic Evaluation, chapter 6, pages 169-239, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4612-2068-8_6
    DOI: 10.1007/978-1-4612-2068-8_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-1-4612-2068-8_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.