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Screening for Real Options “In” an Engineering System: A Step Towards Flexible System Development; PART I: The Use of Design Matrices to Create an End-to-End Representation of a Complex Socio-Technical System
(Massachusetts Institute of Technology. Engineering Systems Division, 2006-05)
The goal of this research is to develop an analytical framework for screening for real options “in” an engineering system. Real options is defined in the finance literature as the right, but not the obligation, to take an ...