Title :
Notice of Retraction
Research on a best-timing investment decision-making of hi-tech achievement industrialization project based on real options
Author :
Longcai Liu ; Juan Huan
Author_Institution :
Sch. of Bus., Hohai Univ., Nanjing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Hi-tech achievement industrialization project Investment is influenced with many uncertainties. These uncertainties provide the investment opportunity for project investments. But traditional projects evaluation method, NPV, cannot involve the uncertainties. By means of option pricing theory, the author build a best-timing investment decision-making model of hi-tech achievement industrialization project based on real options, and provide a helpful approach and tools for hi-tech achievement industrialization projects investment.
Keywords :
decision making; investment; pricing; NPV; best-timing investment decision-making; hi-tech achievement industrialization project; option pricing theory; project investment; Equations; Investments;
Conference_Titel :
Advances in Energy Engineering (ICAEE), 2010 International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-7831-6
DOI :
10.1109/ICAEE.2010.5557579