Assessing technology projects using real options reasoning

Citation
Rg. Mcgrath et Ic. Macmillan, Assessing technology projects using real options reasoning, RES TECH M, 43(4), 2000, pp. 35-49
Citations number
28
Categorie Soggetti
Management,"Engineering Management /General
Journal title
RESEARCH-TECHNOLOGY MANAGEMENT
ISSN journal
08956308 → ACNP
Volume
43
Issue
4
Year of publication
2000
Pages
35 - 49
Database
ISI
SICI code
0895-6308(200007/08)43:4<35:ATPURO>2.0.ZU;2-D
Abstract
Real options reasoning is a logic for funding projects that maximize learni ng and access to upside oppurtunities while containing costs and downside r isk. Although it has considerable advantages over conventional approaches, the tools for using it remain scarce.