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Strategic investment planning in regional deployment of telecommunication services: a real options approach

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  • Kum-Soon Lim
  • Deok-Joo Lee
  • Hyung-Sik Oh

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  • Kum-Soon Lim & Deok-Joo Lee & Hyung-Sik Oh, 2008. "Strategic investment planning in regional deployment of telecommunication services: a real options approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(2), pages 391-411, June.
    • Handle: RePEc:spr:anresc:v:42:y:2008:i:2:p:391-411
    DOI: 10.1007/s00168-007-0152-4
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    References listed on IDEAS

    as
    1. Hikaru Ogawa, 2000. "Spatial impact of information technology development," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 34(4), pages 537-551.
    2. Trigeorgis, Lenos, 1993. "The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 28(1), pages 1-20, March.
    3. Peter Nijkamp & Roberta Capello, 1996. "Telecommunications technologies and regional development: theoretical considerations and empirical evidence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 30(1), pages 7-30.
    4. Luiz Brandão & James Dyer, 2005. "Decision Analysis and Real Options: A Discrete Time Approach to Real Option Valuation," Annals of Operations Research, Springer, vol. 135(1), pages 21-39, March.
    5. Alleman, James, 0. "A new view of telecommunications economics," Telecommunications Policy, Elsevier, vol. 26(1-2), pages 87-92, February.
    6. Kim, Yeonbae, 2005. "Estimation of consumer preferences on new telecommunications services: IMT-2000 service in Korea," Information Economics and Policy, Elsevier, vol. 17(1), pages 73-84, January.
    7. Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-157, April.
    8. Panayi, Sylvia & Trigeorgis, Lenos, 1998. "Multi-stage Real Options: The Cases of Information Technology Infrastructure and International Bank Expansion," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(3, Part 2), pages 675-692.
    9. Slade, Margaret E., 2001. "Valuing Managerial Flexibility: An Application of Real-Option Theory to Mining Investments," Journal of Environmental Economics and Management, Elsevier, vol. 41(2), pages 193-233, March.
    10. Cox, John C. & Ross, Stephen A. & Rubinstein, Mark, 1979. "Option pricing: A simplified approach," Journal of Financial Economics, Elsevier, vol. 7(3), pages 229-263, September.
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    Cited by:

    1. Charalampopoulos, George & Katsianis, Dimitris & Varoutas, Dimitris, 2020. "Investigating the intertwining impact of wholesale access pricing and the commitment to net neutrality principle on European next-generation access networks private investment plans: An options-game a," Telecommunications Policy, Elsevier, vol. 44(3).
    2. Charalampopoulos, George & Katsianis, Dimitris & Varoutas, Dimitris, 2011. "The option to expand to a next generation access network infrastructure and the role of regulation in a discrete time setting: A real options approach," Telecommunications Policy, Elsevier, vol. 35(9), pages 895-906.

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    More about this item

    Keywords

    L1; L8; M21; R1;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L8 - Industrial Organization - - Industry Studies: Services
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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