The Valuation of New Ventures

Sereno, Luigi (2006) The Valuation of New Ventures. Bologna: Dipartimento di Scienze economiche DSE, p. 15. DOI 10.6092/unibo/amsacta/4735. In: Quaderni - Working Paper DSE (554). ISSN 2282-6483.
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Abstract

Traditional tools fail to capture the value of new ventures, such as R&D projects and start-up companies, because of their dependence on future events that are uncertain at the time of the initial decision. In the real options setting the value of these investments is the value of the follow-on opportunities they may create. Our aim is to study the multicompound option approach to value sequential investment opportunities taking into account multiple interactions among real options.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Sereno, Luigi
Keywords
multicompound options; sequential investments; multiple real options.
Subjects
ISSN
2282-6483
DOI
Deposit date
04 Mar 2016 12:43
Last modified
04 Mar 2016 12:43
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