Real Option--A New Approach in the Evaluation of Telecom Investment Projects
摘要
This paper gives a new method into the evaluating system of telecom investment projects, I.e. Real Option. This may overcome the defects resulted from employing Net Present Value (NPV), which is now used in the evaluation of telecom projects. A theoretical analysis of Real Option is provided, followed by an example of telecom investment project to illustrate the differences between the two methods.
引用本文(GB/T 7714)
Wu, Hong. Real Option--A New Approach in the Evaluation of Telecom Investment Projects[J]. 中国邮电高校学报:英文版, 2005.
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