| Article ID: | iaor20082860 |
| Country: | Portugal |
| Volume: | 26 |
| Issue: | 2 |
| Start Page Number: | 201 |
| End Page Number: | 209 |
| Publication Date: | Dec 2006 |
| Journal: | Investigao Operacional |
| Authors: | Nascimento Andr Fichel, Baidya Tara Keshar Nanda |
| Keywords: | investment |
In this article, a project based on the acquisition of an information technology asset is valued through the real options theory. The contemplated model takes into account uncertainty in costs and benefits to be generated. A numerical solution based on Monte Carlo simulation was developed in order to test the approach.