AN EMPIRICAL TEST OF HEURISTICS AND BIASES AFFECTING REAL OPTION VALUATION
By Kent D. Miller, Zur Shapira. 2004
137 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/df770fd837301a1d951d89f76c34a576fe937386
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Jeffrey J. Reuer
- V. Narayanan
- Paul W. Beamish
- Mandeep K. Dhami
- Lenos Trigeorgis
- J. Lu
- Mike W. Peng
- Andrew Delios
In Finance
In Strategy and Management
- Paul W. Beamish
- Benedict Kemmerer
- Lee J. Zane
- Lenos Trigeorgis
- Mary E. Thomson
- Jeffrey J. Reuer
- V. Narayanan
- Mandeep K. Dhami
Citations in the corpus
- On the relevance of Cognitive Continuum Theory and quasirationality for understanding management judgment and decision making (2012, background): “For example, Barnes (1984) and Schwenk (1984) discussed the prevalence of various biases in a strategic management context and Miller and Sharpia (2004) discussed them in relation to real option valuation.”
- Real options theory in strategic management (2017, background): “…Zardhooki (2004), Adner and Levinthal (2004), McGrath et al. (2004), Barnett (2008) and Klingebiel (2012) Trigeorgis (2014) Moel and Tufano (2002), Miller and Shapira (2004) and Alessandri, Tong, and Reuer (2012) Valuation and performance Market valuation Kester (1984) and Folta and O’Brien…”
- Cognition and Capabilities: A Multi-Level Perspective (2013, unknown): “…landscape (Porac et al., 1989) and are subject to a 300 † The Academy of Management Annals D ow nl oa de d by [ Y or k U ni ve rs ity L ib ra ri es ] at 2 0: 17 1 3 N ov em be r 20 14 number of biases that affect decision making (March, 1994; March & Shapira, 1987; Miller & Shapira, 2004).”
- Management Theory Applications of Prospect Theory: Accomplishments, Challenges, and Opportunities (2011, unknown): “These pricing decisions were inconsistent with the expected values of the options, thereby bolstering Miller and Shapira’s (2004) conclusion that the results reflected the individuals’ risk-taking preferences.”
- Real Options in Management and Organizational Strategy: A Review of Decision‐making and Performance Implications (2012, unknown): “This relates also to issues of risk and uncertainty modelling (Miller and Shapira 2004; Borison 2005).”
- The Cognitive Perspective in Strategy: An Integrative Review (2011, background): “In another, Miller and Shapira (2004) demonstrated the role of cognitive biases in option-pricing models, highlighting deviations from the normative option-pricing models in finance.”
- The accentuated CEO career horizon problem: evidence from international acquisitions (2008, background): “The concept of endowment (Thaler, 1980; Wiseman and Gomez-Mejia, 1998; Miller and Shapira, 2004) indicates that people value more”