Searched for: author:"Spaan, M.T.J."
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van den Boomen, M. (author), Spaan, M.T.J. (author), Schoenmaker, R. (author), Wolfert, A.R.M. (author)
Managerial flexibility in infrastructure investment and replacement decisions adds value. Real options analysis (ROA) captures this value under uncertain market prices. The concept of ROA is that future unfavourable payoffs can be deferred as soon as more information about market prices becomes available. The popularity of ROA is seen in a...
journal article 2018