INTERNATIONAL JOURNAL OF BUSINESS, 13(1), 2008 ISSN: 1083-4346
Evaluation of Real Options with Information Costs
Inass El Farissia, Jean-Michel Sahutb and Mondher Bellalahc
a
Assistant Professor of Finance, University of Picardie, France
b
Professor of Finance, Groupe Sup de Amiens
& CEREGE – University of Poitiers, France
jmsahut@gmail.com
c
Professor of Finance, Thema – University of Cergy, France
ABSTRACT
This paper presents a simple framework for th