An obvious drawback to the Option approach
is that there could be a lack of urgency on behalf of the developer, even if there are obligations to avoid this included in the agreement.
In addition to these three approaches, the real option approach
has become the latest (Boer 2004).
The value of management flexibility--a real option approach
to investment evaluation.
In 2005, Philips LightLabs and university researchers decided to develop a new option approach
through "learning by doing," alternating between theory and application.
Leviakangas and Lahesmaa (2002) suggested the option approach
is a useful valuation tool for intelligent transport system investments.
Despite the merits of the public option approach
, the transition to a new system, even if Congress were to enact it, would not be easy.
of expressing a real option approach
because it fails to recognize or to
Abstract: In this article we apply an option approach
to the R&D process and discus the issues that are of relevance for successful option valuation.
Note: For tax purposes, it is essential that the option approach
be used, particularly in cross-purchase arrangements.
The Republican favored religious school voucher subsidies, prayer at football games and other public school events, a local option approach
to teaching creationism in science classes and display of the Ten Commandments in schools and other public buildings.
The option approach
to timing is from Robert McDonald and Daniel Siegel, "The Value of Waiting to Invest," Quarterly Journal of Economics, vol.
Since default can also take place at other future dates, this add-on option approach
suggests that the amortized value of these compensations over the remaining life of a swap should be taken into account to arrive at the default-adjusted value of the swap to A.