• The use of real option theory in Scandinavia's largest companies 

      Horn, Anders; Kjærland, Frode; Molnar, Peter; Steen, Beate Wollen (Journal article; Peer reviewed, 2015)
      We survey the CFOs of 1500 largest companies from Norway, Denmark and Sweden (500 from each country) about their capital budgeting process with focus on the real option analysis. Only 6% of the respondents use real options, ...
    • The Use of Real Options in Scandinavia:: Confronting Theory with Practice 

      Horn, Anders; Steen, Beate Wollen (Master thesis, 2013)
      Since Myers first coined the term real options in 1977, the technique has attracted much interest from academics, and several capital budgeting works highlight real options? superiority over standard NPV methods. However, ...