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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Costa, A. & Paixão, J. P. (2014). A dynamic programming approach for evaluating a portfolio of R&D projects with a budget. SOP Transactions on Applied Mathematics. 1 (2), 126-140
Exportar Referência (IEEE) 
A. R. Costa and J. M. Paixão,  "A dynamic programming approach for evaluating a portfolio of R&D projects with a budget", in SOP Transactions on Applied Mathematics, vol. 1, no. 2, pp. 126-140, 2014
Exportar BibTeX 
@article{costa2014_1732407021611,
	author = "Costa, A. and Paixão, J. P.",
	title = "A dynamic programming approach for evaluating a portfolio of R&D projects with a budget",
	journal = "SOP Transactions on Applied Mathematics",
	year = "2014",
	volume = "1",
	number = "2",
	doi = "10.15764/am.2014.02012",
	pages = "126-140",
	url = "http://dx.doi.org/10.15764/am.2014.02012"
}
Exportar RIS 
TY  - JOUR
TI  - A dynamic programming approach for evaluating a portfolio of R&D projects with a budget
T2  - SOP Transactions on Applied Mathematics
VL  - 1
IS  - 2
AU  - Costa, A.
AU  - Paixão, J. P.
PY  - 2014
SP  - 126-140
SN  - 2373-8472
DO  - 10.15764/am.2014.02012
UR  - http://dx.doi.org/10.15764/am.2014.02012
AB  - The Real Options approach has proved to be a suitable methodology for capturing the flexibility
in the investment decision process. This is very useful for the financial evaluation of R&D projects
where there are several possible decisions concerning to the investment – delaying, improving
or abandoning. Since the risk of an R&D project is usually due to singular characteristics of
the project and is uncorrelated with the financial markets, the contingent claims analysis may
be not adequate to value R&D projects. Based on a dynamic programming evaluation model,
presented in Huchzermeier and Loch [1], we propose an approach to valuing a portfolio of R&D
projects with a budget. Specifically, considering a budget constraint, we make an extension of
the model mentioned above for assessing the projects in the portfolio simultaneously. To test the
proposed evaluation procedure, we generated several R&D portfolios with different dimensions
and characteristics. According to our computational experience, the main conclusions are
presented.
ER  -