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

Keywords

Electronic banking, Business, Industrial organization, Computer science, The Internet

References

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