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The Value of Flexibility: The Case of a Dual-Fuel Industrial Steam Boiler

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  • Volume 22 Number 3

Abstract

This paper employs a general model of flexibility to value a dual-fuel industrial steam boiler.

Suggested Citation

  • Volume 22 Number 3, 1993. "The Value of Flexibility: The Case of a Dual-Fuel Industrial Steam Boiler," Financial Management, Financial Management Association, vol. 22(3), Fall.
    • Handle: RePEc:fma:fmanag:kulatilaka93
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    Cited by:

    1. Peter-Jan Engelen, 2004. "Criminal Behavior: A Real Option Approach With an Application to Restricting Illegal Insider Trading," European Journal of Law and Economics, Springer, vol. 17(3), pages 329-352, May.
    2. Marcus Vinicius Andrade Lima & Leonardo Ensslin & Ana Lucia de Miranda Lopes & Ademar Dutra, 2008. "Avaliação de Empresas de Pequeno Porte no Brasil através da Metodologia Construtivista de Apoio à Decisão MCDA-C," Working Papers 10, globADVANTAGE, Polytechnic Institute of Leiria.

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