Published on February 14, 2022–Updated on January 20, 2023
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Guest Lecture: Dimitrios Zormpas
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Investment timing and capacity with overlapping ownership
Dimitrios Zormpas is currently fellow-in-residence at CY AS, invited by ESSEC
I will first describe the properties of the real options approach (ROA) and explain why its employment is useful when investment problems are studied. I will then define overlapping ownership arrangements and explain how they affect investment timing and capacity using the ROA.