In this paper we show how a multidimensional American real option may be solved using the LSM simulation method originally proposed by Longstaff and Schwartz [2001, The Review of ...
We highlight some of the challenges in valuing flexibility and investment decisions in Software Product Line Architectures (SPLA). We explain the limitations of traditional approa...
Little research has examined the relevance of real options for valuation of information technology (IT) investments for prioritizing a portfolio of projects. When the effect of pr...
Indranil R. Bardhan, Robert J. Kauffman, Sanjeewa ...