Chen, Yu-Fu (contributor); Gylfi Zoega (contributor) - 2007
independent of age and
seniority.
Keywords: Age-structure, tenure, firing decisions, real options.
JEL: E32, J23, J24, J54 …. These methods of valuing stocks can be easily applied to real options, which
denote the option-like characteristics of … investment opportunities. The decision to
invest (or the decision to exercise real options) becomes important with the existence …