References
- MacFarlane FG, Walker SR. Portfolio management in the pharmaceutical industry CMR Report No 95-56R (1995).
- MacFarlane FG, Griffiths SA, McAuslane JAN, Walker SR. Portfolio management by leading pharmaceutical companies: current approaches to decision making CMR Report No 97-84R (1997).
- CMR. Prioritising projects: current issues in portfolio management. R&D Briefing7 (1997).
- Bergman SW, Gittins JC. Statistical methods for pharmaceutical research planning. Marcel Dekker, New York, USA (1985).
- •A bit old, but a comprehensive overview of decision-making in the pharmaceutical industry with thorough presentation of ranking indices.
- Pearson AW. The use of ranking formulae in R&D projects. R&D Management 2,69–73 (1972).
- •Seminal paper on ranking indices.
- Senn SJ. Some statistical issues in project prioritisation in the pharmaceutical industry. Stat. Med. 15,2689–2702 (1996).
- Senn SJ. Further statistical issues in project prioritisation in the pharmaceutical industry. Drug • Info. 32, 253–259 (1998).
- Thompson R. A method to update individual pharmaceutical portfolio project values as new information is gained. Amgen, Inc., mimeo (2001).
- Trigeorgis L. Real options: managerial flexibility and strategy in resource allocation. MIT Press, Cambridge, MA, USA (1996).
- •Excellent book by one of the 'fathers' of real options.
- Dixit AK, Pindyck RS. Investment under uncertainty Princeton University Press, Princeton, USA (1994).
- •A more financial approach to real options.
- Schwartz ES, Trigeorgis L (Eds.) .Real options and investment under uncertainty: classical readings and recent contributions. MIT Press, Cambridge, MA, USA (2001).
- ••The most complete and up-to-datecollection of works on real options, with several applications.
- Howard RA, Matheson JE (Eds.). The principles and applications of decision analysis. SDG (1983).
- ••Excellent collection of early works ondecision analysis. It is still one of the few clear and comprehensive publications on this subject.
- Cinergy. Benchmark report on real options. Proceedings of the IQPC Real Options 2001 conference. Scottsdale, USA (2001).
Websites
- Real Options Group: www.rogroup.com
- •All the news and references you require for real options, plus proceedings of the annual conference.
- Strategic Decisions Group: www.sdg.com
- •Discussion forum for many issues in decision-making.
- International Quality and Productivity Centre: www.iqpc.co.uk
- •Excellent conferences.