TY  - BOOK
AU  - Friedl,Gunther
TI  - Real options and investment incentives
SN  - 9783540482666
U1  - 332.6323 / 23
PY  - 2007///
CY  - New York : 
PB  - Springer, 
KW  - Inversiones de capital
KW  - Toma de decisiones
KW  - Opciones reales (Finanzas)
KW  - Modelos matemáticos
KW  - Valoración
KW  - Inversiones
N1  - Incluye notas a pie de página; Bibliografía: páginas 109-119; Institutional and Methodological Background for the Analysis of Investment Incentives -- Capital Rationing as an Incentive Instrument for Growth Options -- Residual Income as a Performance Measure for Switching Options -- Residual Income as a Performance Measure in the Presence of Waiting Options -- Implications and conclusions
N2  - Many large corporations delegate investment decision making authority to their divisions. Because they are better informed, divisional managers should be able to make better decisions than corporate headquarters. However, they can use this informational advantage to pursue their own inter ests. The objective of this work is to analyze the problem of delegated decision-making within firms when investment projects are characterized by the possibility to make sub sequent decisions after the initial investment decision has been made. By analyzing this question, the monograph com bines 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
ER  -