Opções reais: tipologias e sua avaliação
[Real options: typologies and its evaluation]
This article intends to evidence the flexibility effect in the investment decision. This flexibility is known by the real options term, these options possess value, which will increase the value of an investment that possesses them. The traditional investments evaluation methods are not enough to catch the value associated with the real options. We will have to appeal to the options valuation theory and in analogy with that catch the true value of investments with real options.
|Date of creation:||2003|
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NBER Working Papers
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