Competition, Dedicated Assets, and Technological Obsolescence in Multistage Infrastructure Investments: A Sequential Compound Option Valuation.
Yu-Lin HuangChia-Chi PiPublished in: IEEE Trans. Engineering Management (2011)
Keyphrases
- multistage
- real option
- dynamic programming
- decision making
- decision makers
- stochastic programming
- production system
- single stage
- stochastic optimization
- lot sizing
- information technology
- power plant
- investment decisions
- multistage stochastic
- machine learning
- optimal policy
- production line
- linear programming
- cost function
- capacity expansion