Strategic construction mechatronics valuation: A real option-pricing approach.
Journal Article
Taylor, M. D., & Wamuziri, S. (2002)
Strategic construction mechatronics valuation: A real option-pricing approach. Journal of Financial Management of Property and Construction, 7, 75-90
This paper presents the application of real option-pricing theory to the appraisal of advanced construction technology (ACT) investment opportunities. Discounted cash flow app...