Recently added articles from The Engineering Economist:
OPERATIONAL DECISIONS, CAPITAL STRUCTURE, AND MANAGERIAL COMPENSATION: A NEWS VENDOR PERSPECTIVE
Jul 01, 2008; Xu, Xiaodong; Birge, John R ... While firm growth critically depends on financing ability and access to external capital, the operations management and engineering economics literature seldom considers the effects of financial constraints on the firms' operational decisions. Another critical assumption in traditional ...
A STUDY ON ESTIMATING INVESTMENT TIMING OF REAL OPTIONS
Jul 01, 2008; Han, Hyun J; Park, Chan S ... One of the most critical issues in real options analysis is determining the optimal timing of the irreversible investment during the life of the option. Research indicates that failing to exercise real options on time reduces the project's value much less than predicted. However, the question of ...
CAN WE CAPTURE THE VALUE OF OPTION VOLATILITY?
Jul 01, 2008; Lewis, Neal A; Eschenbach, Ted G; Hartman, Joseph C ... Volatility is the one parameter that is added to information utilized in traditional discounted cash flow analysis in order to calculate the value of a real option. There is no single, theoretically justified approach for calculating the volatility coefficient for real options. This article ...
A HYBRID DERIVATIVE TRADING SYSTEM BASED ON VOLATILITY AND RETURN FORECASTING
Jul 01, 2008; Enke, David; Amornwattana, Sunisa ... The following proposes a methodology that utilizes a generalized regression neural network to develop a hybrid option trading system that incorporates both volatility and return forecasting. This study focuses on the S&P 500 stock index as being representative of the market. Two different ...