TY - GEN
T1 - A new fuzzy real options valuation model
T2 - Computational Intelligence in Decision and Control - 8th International FLINS Conference
AU - Tolga, A. Çagri
AU - Kahraman, Cengiz
PY - 2008
Y1 - 2008
N2 - Real options valuation is a financial technique for evaluating investments under conditions of uncertainty, particularly uncertainty associated with market variables such as future product demand or the future value of an asset. The real option value of the investment opportunity is what a value-maximizing firm would pay for the right to undertake the investment project with its inherent decision points. This paper proposes a fuzzy multicriteria R&D project selection methodology based on the hierarchical TOPSIS, which includes a fuzzy real options valuation model.
AB - Real options valuation is a financial technique for evaluating investments under conditions of uncertainty, particularly uncertainty associated with market variables such as future product demand or the future value of an asset. The real option value of the investment opportunity is what a value-maximizing firm would pay for the right to undertake the investment project with its inherent decision points. This paper proposes a fuzzy multicriteria R&D project selection methodology based on the hierarchical TOPSIS, which includes a fuzzy real options valuation model.
UR - http://www.scopus.com/inward/record.url?scp=58049171467&partnerID=8YFLogxK
U2 - 10.1142/9789812799470_0105
DO - 10.1142/9789812799470_0105
M3 - Conference contribution
AN - SCOPUS:58049171467
SN - 981279946X
SN - 9789812799463
T3 - World Scientific Proceedings Series on Computer Engineering and Information Science 1; Computational Intelligence in Decision and Control - Proceedings of the 8th International FLINS Conference
SP - 641
EP - 646
BT - World Scientific Proceedings Series on Computer Engineering and Information Science 1; Computational Intelligence in Decision and Control - Proceedings of the 8th International FLINS Conference
PB - World Scientific Publishing Co. Pte Ltd
Y2 - 21 September 2008 through 24 September 2008
ER -