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(Real-)options, uncertainty and comparative statics: Are Black and Scholes mistaken?
Berg, Tobias; Mölls, Sascha H.; Willershausen, Timo - 2009
The purpose of this paper is to analyze the influence of uncertainty on the value of real options while allowing for a possible change in the value of the underlying asset. We show that the proposition of a strictly positive influence of uncertainty does not hold, if the value of the underlying...
Persistent link: https://www.econbiz.de/10011558716
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(Real-)options, uncertainty and comparative statics : are Black and Scholes mistaken?
Berg, Tobias; Mölls, Sascha H.; Willershausen, Timo - 2009
Persistent link: https://www.econbiz.de/10011325643
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(Real-)Options, uncertainty and comparative statics : are Black and Scholes mistaken?
Berg, Tobias; Mölls, Sascha H.; Willershausen, Timo - 2009
Persistent link: https://www.econbiz.de/10003843249
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(Real-)Options, uncertainty and comparative statics : are Black and Scholes mistaken?
Berg, Tobias; Mölls, Sascha H.; Willershausen, Timo - 2009
Persistent link: https://www.econbiz.de/10004944668
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Innovation speed under uncertainty and competition
Briest, Gordon; Lukas, Elmar; Mölls, Sascha H.; … - In: Managerial and Decision Economics 41 (2020) 8, pp. 1517-1527
Persistent link: https://www.econbiz.de/10012273849
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Venture capital as staged financing : optimal funding policies under uncertainty
Elmar, Lukas; Mölls, Sascha H.; Welling, Andreas; … - 2013
Persistent link: https://www.econbiz.de/10010350204
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Risk premia on credit and equity markets
Berg, Tobias - 2009
Persistent link: https://www.econbiz.de/10003923479
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From actual to risk-neutral default probabilities : Merton and beyond
Berg, Tobias - In: The journal of credit risk : published quarterly by … 6 (2010/11) 1, pp. 55-86
Persistent link: https://www.econbiz.de/10003965724
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Playing the devil's advocate : the causal effect of risk management on loan quality
Berg, Tobias - In: The review of financial studies 28 (2015) 12, pp. 3367-3406
Persistent link: https://www.econbiz.de/10011447521
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Got rejected? : real effects of not getting a loan
Berg, Tobias - In: The review of financial studies 31 (2018) 12, pp. 4912-4957
Persistent link: https://www.econbiz.de/10012005236