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Kalman filter approach to real options with active learning

Technological innovations often create new markets and this gives incentives to learn about their associated profitabilities. However, this decision depends not only on the underlying uncertain profitability, but also on attitudes towards risk. We develop a decision-support tool that accounts for th...

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Detalles Bibliográficos
Autores principales: Sund, Sebastian, Sendstad, Lars H., Thijssen, Jacco J. J.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8792460/
https://www.ncbi.nlm.nih.gov/pubmed/37520892
http://dx.doi.org/10.1007/s10287-022-00423-1