文章基本信息
- 标题：Corporate Optimal Investment Under Incomplete Information: A Real Option Method
- 本地全文：下载
- 作者：Mondher Bellalah ; Shujuan Ding ; Zhen Wu 等
- 期刊名称：Review of Finance and Banking
- 印刷版ISSN：2067-2713
- 电子版ISSN：2067-3825
- 出版年度：2012
- 卷号：4
- 期号：1
- 出版社：Bucharest Academy of Economic Studies
- 摘要：
This paper develops an option pricing model to value a project with taxes and incomplete information. We derive the value of the option to invest in the project and provide the threshold value of the project. Some numerical examples are given to show the characteristics of the optimal investment rule.
