Cirjevskis, Andrejs; Baduns, Edmunds - In: International Journal of Computational Economics and … 5 (2015) 2, pp. 143-163
The purpose of the paper is to present a real option valuation (ROV) model that will help to measure the value of managerial flexibility. The value of managerial flexibility appears to play a pivotal role nowadays, given the transition nature of Latvian economy. There are few academic works on...