Incomplete financial markets
Inkompletta finansiella marknader
About the Reading list
Sharpe, William F. (2007). Investors and Markets. Princeton University Press, pp. 1-76, 119-126.
Mun, Johnathan (2006). Real Options Analysis – Tools and Techniques for Valuing Strategic Investment Decisions. Wiley Finance, pp. 1-57, 87-244, 581-606.
Article I: Kulatilaka, Nalin and Marcus, Alan J. (1994). Valuing Employee Stock Options. Financial Analysts Journal, Nov-Dec, pp. 46-56.
Article II: Miller, Luke T. and Park, Chan S. (2002). Decision making under uncertainty – Real Options to the rescue? Engineering Economist, 47, pp. 105-150.
Article III: Panousi, Vasia and Papanikolaou, Dimitris (2012). Investment, Idiosyncratic Risk, and Ownership. Journal of Finance, 67, pp. 1113-1148.
Other course material such as supporting material for learning activities and articles that can be included in the examination are published on the course’s website on Gothenburg University’s learning platform.