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References  

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Kasanen, E. (1993). "Creating Value by Spawning Investment Opportunities," Financial Management 22, 3 (Autumn), pp. 251-258.

Kasanen, E., and L. Trigeorgis (1994). "A Market Utility Approach to Investment Valuation," European Journal of Operational Research (Special Issue on Financial Modelling) 74, 2 (April), pp. 294-309.

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Kulatilaka, N. (1993). "The Value of Flexibility: The Case of a Dual-Fuel Industrial Steam Boiler," Financial Management 22, 3 (Autumn), pp. 271-279.

Kulatilaka, N. (1995a). "The Value of Flexibility: A General Model of Real Options," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger).

Kulatilaka, N. (1995b). "Operating Flexibilities in Capital Budgeting: Substitutability and   Complementarity in Real Options," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger).

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Kulatilaka, N., and A. Marcus (1992). "Project Valuation Under Uncertainty: When Does DCF Fail?," Journal of Applied Corporate Finance 5 (Fall), pp. 92-100.

Kulatilaka, N., and S. Marks (1988). "The Strategic Value of Flexibility: Reducing the Ability to Compromise," American Economic Review 78, 3 (June), pp. 574-580 

Kulatilaka, N., and E. Perotti (1992). "Strategic Investment Timing Under Uncertainty," Working Paper, Boston University.

Kulatilaka, N., and L. Trigeorgis (1994). "The General Flexibility to Switch: Real Options Revisited," International Journal of Finance 6, 2 (Spring).

Lai, V. S., and L. Trigeorgis (1995). "The Capital Budgeting Process: A Review and Synthesis," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger) 

Laughton, D. G., and H. D. Jacoby (1993). "Reversion, Timing Options, and Long-term Decision-Making," Financial Management 22, 3 (Autumn), pp. 225-240.    

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Mason, S. P., and C. Baldwin (1988). "Evaluation of Government Subsidies to Large-scale Energy Projects: A Contingent Claims Approach," Advances in Futures and Options Research 3, pp. 169-181.

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Morck, R., E. Schwartz, and D. Stangeland (1989). "The Valuation of Forestry Resources under Stochastic Prices and Inventories," Journal of Financial and   Quantitative Analysis 24, 4 (December), pp. 473-487.

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Myers, S. C., and S. Majd (1990). "Abandonment Value and Project Life," Advances in Futures and Options Research 4, pp. 1-21 

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Quigg, L. (1995). "Optimal Land Development," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger).

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Sahlman, W. (1988). "Aspects of Financial Contracting in Venture Capital," Journal of Applied Corporate Finance 1, pp. 23-36.

Sick, G. (1986). "A Certainty-Equivalent Approach to Capital Budgeting," Financial Management 15, 4 (Winter), pp. 23-32.

Sick, G. (1989). Capital Budgeting With Real Options, Monograph, Salomon Brothers Center, New York University.

Siegel, D., J. Smith, and J. Paddock (1987). "Valuing Offshore Oil Properties with Option Pricing Models," Midland Corporate Finance Journal 5 (Spring), pp. 22-30.

Smit, H.T.J., and L.A. Ankum (1993). "A Real Options and Game-Theoretic Approach to Corporate Investment Strategy Under Competition, Financial Management 22, 3   (Autumn), pp. 241-250.

Smith, K.W., and A. Triantis (1994). "The Value of Options in Strategic Acquisitions," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger).

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Trigeorgis, L. (1988). "A Conceptual Options Framework for Capital Budgeting,"   Advances in Futures and Options Research 3, pp.145‑167.

Trigeorgis, L. (1990a). "A Real Options Application in Natural Resource Investments," Advances in Futures and Options Research 4, pp. 153-164.

Trigeorgis, L. (1990b). "Valuing the Impact of Uncertain Competitive Arrivals on Deferrable Real Investment Opportunities," Working Paper, Boston University.

Trigeorgis, L. (1991a). "Anticipated Competitive Entry and Early Preemptive Investment in Deferrable Projects," Journal of Economics and Business 43, 2 (May), pp. 143-156.

Trigeorgis, L. (1991b). "A Log-transformed Binomial Numerical Analysis Method for Valuing Complex Multi-Option Investments," Journal of Financial and Quantitative Analysis 26, 3 (September), pp. 309-326.

Trigeorgis, L. (1992). "Evaluating Leases with a Variety of Operating Options," Working Paper, Boston University.

Trigeorgis, L. (1993a). "The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options," Journal of Financial and Quantitative Analysis 28, 1 (March), pp. 1-20 

Trigeorgis, L. (1993b). "Real Options and Interactions with Financial Flexibility," Financial Management 22, 3 (Autumn), pp. 202-224.

Trigeorgis, L., and E. Kasanen. (1991). "An Integrated Options-based Strategic Planning and Control Model," Managerial Finance 17, 2/3 (May), pp. 16-28.

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Williams, J. (1991). "Real Estate Development as an Option," Journal of Real Estate Finance and Economics 4, 2 (June), pp. 191-208.

Willner, R. (1995). "Valuing Start-up Venture Growth Options," in L. Trigeorgis (ed.), Real Options in Capital Investment: Models, Strategies, and Applications (New York, NY: Praeger).