Bukhvalov, Alexander V.; Bukhvalova, Barbara A. - Graduate School of Management, St. Petersburg State … - 2011
This paper is the first to analyze importance of monitoring costs in real options analysis. Monitoring costs, in this … context, are tied to the process of making key investment or management decisions. Monitoring costs differ from previously … the paper, we present a qualitative introduction of monitoring costs in real options analysis and their effects on the …