Justifying Electronic Banking Network Expansion Using Real Options Analysis
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Summary
The research employs a version of the Black-Scholes option pricing model that is adjusted for risk-averse investors, showing how it is possible to obtain reliable values for Yankee 24's "investment timing option," even in the absence of a market to price it.
- Type
- article
- Published
- 2000-06-01
- Cited by
- 327
- References
- 27
- OpenAlex
- https://openalex.org/W1590482807
- Semantic Scholar
- https://api.semanticscholar.org/CorpusID:12358631
Keywords
Electronic banking, Business, Industrial organization, Computer science, The Internet
References
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- Financial Theory and Corporate Policy.
- Options, futures, and other derivative securities
- A real options and game-theoretic approach to corporate investment strategy under competition
- Valuing Risky Projects: Option Pricing Theory and Decision Analysis
- A Real Options Logic for Initiating Technology Positioning Investments
- Evaluation of strategic investments in information technology
- A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investments
- Investment Under Uncertainty.
- Investment Opportunities as Real Options: Getting Started on the Numbers
Cited by
- Editorial—IT Investment Payoff in E-Business Environments: Research Issues
- Insights from a Real Options Approach to Evaluate IT Sourcing Decisions
- Finite Products Administration with MS Access
- A decision framework for automatic teller machine investment :an application to the Nigerian banking sector
- Project scheduling with fuzzy real options
- Applying the OUTSHORE approach for risk minimisation in offshore outsourcing of Software Development projects
- Using Option Valuation Approach to Justify the Investment of B2B E-Commerce Systems
- A Framework to Support Service-Oriented Architecture Investment Decision
- Real Options and Software Upgrades: An Economic Analysis
- Real Options in Information Systems - a Revised Framework
- Warunki ograniczające zastosowanie metody NPV do oceny przedsięwzięć informatycznych
- Understanding Factors Influencing a SME to Continue Adopting the B2B Marketplace to Maintain its Presence
- The Influence of Perceived Risks on Banking Managers' Intention to Outsource Business Processes: A Study of the German Banking and Finance Industry
- Factors Affecting Investment in It: A Critical Review
- Assessing Leading Institutions, Faculty, and Articles in Premier Information Systems Research Journals
- Firm Strategy and the Internet in American Commercial Banking
- Managing mission-critical IT in the financial industry
- Metodyczne podstawy ekonomicznej oceny inwestycji informatycznych przedsiębiorstw
- Valuation and Optimal Timing of the Investment in Next Generation Telecommunication Service Using Real Options
- InterCon Travel Health: Case B.
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