Boyer, Marcel; Christoffersen, Peter; Lasserre, Pierre; … - Centre Interuniversitaire de Recherche en Analyse des … - 2003
exposition to downside risk and promoting exposition to upside opportunities. It stands at the hinge between pure finance and … other areas of decision making under risk such as project evaluation, market entry and exit, organizational restructuring … financial systems rests primarily on proper risk assessment and management in project evaluation. The real options approach is …
