Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 28 for “"Real Options Theory"”.
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USING REAL OPTIONS THEORY TO ENHANCE HIGHWAY ASSET INTERVENTION SCHEDULING
… they may be granted to exercise these options.
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Valuing new economy companies using real options theory with visualization
Thesis (M.Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2001.
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Real options theory and the value of strategic flexibility for MNEs
Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2026-12-01
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Real options theory and the pricing of residential land-use rights in Shanghai
China's shift away from the welfare housing scheme has generated tremendous demand for private home ownership since the early 1990's. The resulting growth in the housing market fueled the country's transformation towards a market economy. However, the transition has not been without problems. One …
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Valuing architecture for strategic purposes : comments on applying the dependency structure matrix with real options theory
… a series of domains, in conjunction with real options theory, assists in predicting the strategic capabilities of either existing or potential products and organisations, and likely optimal or maximal rates of change. This assists in predicting the extent to which technologically dependent …
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Game theory and real options : analysis of land value and strategic decisions in real estate development
This thesis investigates the use of the game theory and the real options theory in real estate development at the strategic level, trying empirically to explain different economic observations among different metropolitan cities and different property types. The real options theory provides a rich …
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Value of incorporating flexibility in lab buildings : a real options approach
… in commercial lab buildings with the help of the real options theory. The qualitative component of the thesis explores the development of the lab building as a building typology and its relationship to economic value creation for developers. It also investigates various strategies employed by …
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Does Firm-Level Political Risk Affect Mergers and Acquisitions?
… activities. Consistent with the predictions from real options theory, I find that a firm is less likely to engage in M&A activities and less likely to take large M&A deals when its exposure to political risk is high. This effect is particularly evident when acquirers are taking diversified M&As or …
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Value-based multidisciplinary optimization for commercial aircraft program design
… and managerial flexibility by invoking Real Options theory. Stochastic program value is used as the new objective for the design optimization problem. The methodology and framework developed are applied to a design example for the Blended-Wing-Body aircraft concept. Value-based …
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Causes and Consequences of Board Composition
… firm performance. This supports normative agency theory models of board composition and recent policy changes; increasing board independence will improve corporate financial outcomes. The female director paper tests whether human or social capital theories explain patterns in female director …
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Creating a practical model using real options to evaluate large-scale real estate development projects
Real Options analysis has only begun to be recognized as way to evaluate real estate and is considered "beyond the cutting edge" of financial analysis. Several academic papers have looked at ways that real estate can be analyzed using real options; however a universally practical financial model …
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Real options in value appropriation: Theory and evidence from patent strategies
This dissertation proposes and shows that real options reasoning is important for understanding firms’ value appropriation strategies in innovation. Despite a large body of research on real options for value creation in innovation, how real options reasoning can inform firms’ decision-making in …
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Essays On Oil Price Volatility And Irreversible Investment
… firms' irreversible investment decisions using real options theory. Cost incurred in oil drilling is considered sunk cost, thus irreversible. I collect detailed data on onshore, development oil well drilling on the North Slope of Alaska from 2003 to 2014. Volatility is modeled by constructing …
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Real options : a way to deal with market uncertainty in real estate development projects
The practice of applying options theory to real estate investments has only recently begun. In particular, options in real estate are called "real options." Real options add value to real estate development projects by allowing developers to take advantage of positive aspects of the market and …
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Developing strategies to capture value from emerging technologies
… process to systematically develop and evaluate options for profiting from the commercialization of disruptive technologies that are currently in the limited application stage of development. This thesis reviews the basic elements of technology commercialization, existing approaches to the value …
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A Real Options Valuation of Renewable Energy Projects
… itself. In this thesis we use well developed theory taken from quantitative finance, more specifically real options theory, as well as various mathematical and statistical techniques and models used in option pricing to determine the economic value of these resources. Market design and policy …
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New Songdo City and the value of flexibility : a case study of implementation and analysis of a mega-scale project
In the modern real estate industry, mega-scale developments have been a notable feature. The distinctiveness of these projects is that they are enormous in scale and thus require many years to develop. Unlike regular sized projects, they have greater opportunities to alter strategies, plans or …
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Real options and multinational investments : an empirical study of risk, performance and organisational awareness
… study of the empirical impact of real options theory in the fields of decision sciences and performance management. Borrowing from the economics, strategy and operations research literature, the research examines the risk and performance implications of real options in firms’ …
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How do attitudes of habitual high-technology entrepreneurs to early-stage failure differ in Silicon Valley, Cambridge and Munich?
… IPA for this subject. This thesis contributes to theory by examining ‘effectuation’ as a way to understand these experiences, and discussing the impact of findings in relation to attribution theory, prospect theory and real-options theory. This thesis contributes to practice by augmenting existing …
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Technology strategy : real options in research, development and engineering
… and engineering (R,D&E) environments using real options valuation (ROV) concepts. It proves that the often-used discounted cash flow (DCF) techniques do not properly capture the uncertainty and flexibility of platform projects in technology-intensive industries. First the thesis presents the …
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