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Combination of forecasts from survey data is complicated by the frequent entry and exit of individual forecasters which renders conventional least squares regression approaches infeasible. We explore the consequences of this issue for existing combination methods and propose new methods for...
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Theory suggests that firm value should include the value of real options; that is, firms have the option to expand more …. Applying real options theory to a diversified firm at the firm level neglects the value of segment-level options. If investors …
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The real options theory suggests that firm value should include the value of real options, i.e., a firm has the option …
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