Name: Real Options and Investment Incentives
Author: Friedl, Gunther

Beschreibung

Real Options and Investment Incentives

This work analyzes the problem of delegated decision-making within firms when investment projects are characterized by the possibility to make subsequent decisions after the initial investment decision has been made. By analyzing this question, the monograph combines and unifies two important lines of literature: on the one hand the literature on controlling investment decisions, on the other hand the investment valuation literature. von Friedl, Gunther