CAPACITY PLANNING UNDER UNCERTAINTY: AN ASIAN OPTION APPROACH (2009)
Tarik Driouchi, David Bennett, Giuliana Battisti
This short paper introduces the concept of Asian options in the capacity choice literature. We develop a simple model for optimal capacity setting under average demand uncertainty for a single firm....
DOWNSIDE RISK IMPLICATIONS OF MULTINATIONALITY AND REAL OPTIONS (2009)
Tarik Driouchi, Giuliana Battisti, David Bennett
This paper studies the relationship between multinationality and performance under a real options lens. Based on a cross-sectional panel of multinational corporations (MNCs) that are likely to use...
A robustness framework for monitoring real options under uncertainty
Driouchi, Tarik, Leseure, Michel, Bennett, David
This paper presents a problem structuring methodology to assess real option decisions in the face of unpredictability. Based on principles of robustness analysis and scenario planning, we demonstrate...