IDEAS home Printed from https://ideas.repec.org/p/cir/cirwor/2012s-25.html
   My bibliography  Save this paper

A Real Options Analysis of TransEuropean Telecommunications Wireline Video Deployment

Author

Listed:
  • Marcel Boyer
  • Éric Gravel

Abstract

The goal of this paper is to demonstrate how the RO methodology can be applied to evaluate TransEurope Communications (TEC) investment projects. Although realistic, the business case analysed here is fictional. The main conclusion and lesson of this exercise is: One cannot determine a value maximizing investment strategy if one does not value managerial flexibility in an appropriate way. L'objectif de ce cahier est de montrer comment la méthodologie des options réelles peut être appliquée pour évaluer les projets d'investissement de TransEurope Communications (TEC). Bien que réaliste, l'investissement considéré ici est purement fictif. La conclusion principale de l'exercice est à l'effet qu'on ne peut pas concevoir une stratégie d'investissement optimale si on n'évalue pas de manière explicite la flexibilité managériale de façon appropriée.

Suggested Citation

  • Marcel Boyer & Éric Gravel, 2012. "A Real Options Analysis of TransEuropean Telecommunications Wireline Video Deployment," CIRANO Working Papers 2012s-25, CIRANO.
    • Handle: RePEc:cir:cirwor:2012s-25
    as

    Download full text from publisher

    File URL: https://cirano.qc.ca/files/publications/2012s-25.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cir:cirwor:2012s-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/ciranca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.