Real Options Applied to Rapid Labour Mobilization

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Real Options Applied to Rapid Labour Mobilization
Andrew McColl, Talent Scientist, Canada

In some industries, the speed of mobilization of labour coupled with the ready availability of skilled labour is a determinant of success, e.g. Oil and gas drilling when prices rise. I would be interested in any applications folks have heard about where real options theory has been used to understand or value labour flexibility and/or speed in any industry.



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