Many academics and practicing managers recognize that the net present value (NPV) rule and other discounted cash flow (DCF) approaches to capital budgeting are inadequate in that they cannot properly capture management's flexibility to adapt and revise later decisions in response to unexpected market developments.
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1
Real Options in Capital Investment: Models, Strategies, and Applications
1995, ABC-CLIO, LLC
in English
0313020825 9780313020827
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Real Options in Capital Investment: Models, Strategies, and Applications
January 30, 1995, Praeger Publishers
Hardcover
in English
0275946169 9780275946166
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Real options in capital investment: models, strategies, and applications
1995, Praeger
in English
0275946169 9780275946166
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