Valuing Genetically Modified Traits in Canola Using Real Options

This study specifies a framework to evaluate an investment strategy combining a market assessment with a valuation method using a stochastic binomial real option model. The market assessment uses multi-criteria analysis to determine which markets should be targeted for commercialization of a genetic...

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Bibliographic Details
Main Authors: Katherine Wynn, German Spangenberg, Kevin Smith, William Wilson
Format: Article
Language:English
Published: Western Agricultural Economics Association 2017-05-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/257998