The real options approach to valuation - Haskayne School of Business
The real options approach to valuation - Haskayne School of Business
The real options approach to valuation - Haskayne School of Business
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
We seek <strong>to</strong> answer five cri*cal ques*ons • What is the required level <strong>of</strong> monetary incen*ve <strong>to</strong> induce the firm <strong>to</strong> undertake the vaccine R&D? • What are the expected price, quan*ty supplied and efficacy <strong>of</strong> the developed vaccine? • What is the probability that a viable vaccine will be developed? • What is the consumer surplus generated? • What is the expected cost per individual successfully vaccinated?