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| Untersuchte Arbeit: Seite: 88, Zeilen: 18-23 |
Quelle: Benaroch Kauffman 2000 Seite(n): 209, Zeilen: ricght col., 30 ff. |
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| This paper is based on the assumption that every company today facing the XML/EDI investment decision is the holder of an American deferral option on a dividend-paying asset. The asset underlying this option is the potential stream of revenues from an investment opportunity that will materialize only when a company decides to invest in an XML/EDI project at any given future date, where the dividends are the revenues lost during deferral time. | Yankee possessed an American deferral option on a dividend paying asset. The asset underlying this option is the potential stream of revenues from an investment opportunity that will materialize only once Yankee enters the POS debit market any time starting in 1987, where the dividends are the revenues lost during the time Yankee deferred entry into this market. |
On the next page (p. 89, at the end of the second paragraph and after another reference) there is a reference to Benaroch and Kauffman (1999), but this is not listed in the bibliography of the dissertation. |
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