Real Options Adoption with Poisson Price, Quantity, and Policy Uncertainty Jumps

Zhao, Chong (Andrea) and Colson, Gregory and Wetzstein, Hazel and Wetzstein, Michael (2023) Real Options Adoption with Poisson Price, Quantity, and Policy Uncertainty Jumps. Theoretical Economics Letters, 13 (06). pp. 1548-1556. ISSN 2162-2078

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Official URL: https://doi.org/10.4236/tel.2023.136087

Abstract

A unifying methodology is presented, which jointly considers correlated Brownian motion processes with Poisson jumps in both revenue and policy. The methodology is unique in considering price and quantity as geometric Brownian motion processes with jumps following a Poisson process in revenue from market shocks and policy uncertainty.

Item Type:	Article
Subjects:	Academic Digital Library > Social Sciences and Humanities
Depositing User:	Unnamed user with email info@academicdigitallibrary.org
Date Deposited:	26 Dec 2023 04:50
Last Modified:	26 Dec 2023 04:50
URI:	http://publications.article4sub.com/id/eprint/3082

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