Robust and e cient modeling of industrial processes is vital in realizing stable and
economical process design, operation, and control. However, inherent uncertainty of the …

Recent years have seen increasing initiatives involving more applications of real options to
value the strategizing process. These initiatives, referred to as Real Option Theory (ROT) …

This dissertation describes the development of a game-based methodology that facilitates
the exploration and selection of research and development (R&D) projects under uncertain …

Using real options game models, we consider the characterization of strategic equilibria
associated with an asymmetric Research and Development (R&D) race between an …

In this paper we use three real option models to determine the optimal adoption time of a
new technology in two Portuguese textile companies, Lameirinho and Coelima. In the …

Among the different methods that presently exist in published literature regarding business
strategy evaluation, there are those that refer to financial and economic feasibility. The …