Real option in action: An example of flexible decision making at a mine operational level

Flexibility and operational adaptability are essential for long term corporate success and real option (RO) appears suitable for analysing risky projects. Nevertheless, its application in engineering design has been slow-moving compared to financial uses. Therefore, there is a compelling argument fo...

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Bibliographic Details
Main Authors: Ajak, A., Topal, Erkan
Format: Journal Article
Published: Elsevier Ltd 2015
Online Access:http://hdl.handle.net/20.500.11937/42253