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The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 37, 1992 - Issue 2
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TECHNICAL NOTE

Uncertainty and the Abandonment Option

Pages 172-177 | Published online: 23 Oct 2007

References

  • Aggarwal , R. and L. Soenen , “Project Exit Value as a Measure of Flexibility and RISK Exposure,” The Engineering Economist , Fall 1989 , pp. 39 – 54 .
  • Bierman , H. and S. Smidt , The Capital Budgeting Decision , New York , NY Macmil-lan Publishing Company , 1988 , Chapter 21 .
  • Brealey , R. and Myers , S. , Principles of Corporate Finance ( Third Edition ), New York , NY McGraw-Hill Book Company , 1988 , Chapter 20 .
  • Margrabe , W. , “The Value of an Option to Exchange One Asset for Another,” Journal of Finance , March 1978 , pp. 177 – 186 .
  • Myers , S. , “Financial Theory and Financial Strategy,” Interfaces , January-February 1984 , pp. 126 – 137 .
  • Naj , A. , “In R&D, the Next Best Thing to a Gut Feeling,” The Wall Street Journal , May 21 , 1990 , p. A10 .
  • Robichek , A. and Home , J. , “Abandonment Value and Capital Budgeting,” Journal of Finance , December 1967 , pp. 577 – 589 .

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