Application of Real Option Analysis to Pharmaceutical R&D Project
Research and development (R&D) in pharmaceutical sector are characterized by long planning horizon, high uncertainty and irreversibility. A critical component in drug development is determining the financial value of the potential compound in the light of the substantial technical and economic u...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2007
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| Online Access: | https://eprints.nottingham.ac.uk/21400/ |