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Decision support for firm performance by real options analytics
Item metadata
dc.contributor.author | Power, Bernadette | |
dc.contributor.author | Reid, Gavin C. | |
dc.date.accessioned | 2019-07-22T23:40:19Z | |
dc.date.available | 2019-07-22T23:40:19Z | |
dc.date.issued | 2018-01 | |
dc.identifier | 250702490 | |
dc.identifier | ff5963db-d6bd-4dba-b3b4-35c5cfdb83ca | |
dc.identifier | 85037746913 | |
dc.identifier | 000417764800005 | |
dc.identifier.citation | Power , B & Reid , G C 2018 , ' Decision support for firm performance by real options analytics ' , Managerial and Decision Economics , vol. 39 , no. 1 , pp. 56-64 . https://doi.org/10.1002/mde.2867 | en |
dc.identifier.issn | 0143-6570 | |
dc.identifier.other | ORCID: /0000-0002-9446-9760/work/35946846 | |
dc.identifier.uri | https://hdl.handle.net/10023/18150 | |
dc.description.abstract | This paper develops a real options decision support tool for raising the performance of the firm. It shows how entrepreneurs can use our intuitive tool quickly to assess the nature and type of action required for improved performance. This exploits our estimated econometric relationship between precipitators of entrepreneurial opportunities, time until exercise, and firm performance. Our 3D chromaticity plots show how staging investments, investment time, and firm performance support entrepreneurial decisions to embed, or to expedite, investments. Speedy entrepreneurial action is securely supported with this tool, without expertise in econometric estimation or in formulae for real options valuation. | |
dc.format.extent | 9 | |
dc.format.extent | 1388126 | |
dc.language.iso | eng | |
dc.relation.ispartof | Managerial and Decision Economics | en |
dc.subject | Real options | en |
dc.subject | Decision support | en |
dc.subject | Strategic flexibility | en |
dc.subject | Performance | en |
dc.subject | H Social Sciences (General) | en |
dc.subject | HD28 Management. Industrial Management | en |
dc.subject | HG Finance | en |
dc.subject | NDAS | en |
dc.subject.lcc | H1 | en |
dc.subject.lcc | HD28 | en |
dc.subject.lcc | HG | en |
dc.title | Decision support for firm performance by real options analytics | en |
dc.type | Journal article | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | 10.1002/mde.2867 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2019-07-23 |
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