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.