Cornell University
Library
Cornell UniversityLibrary

eCommons

Help
Log In(current)
DigitalCollections@ILR
ILR School
  1. Home
  2. ILR School
  3. Centers, Institutes, Programs
  4. Center for Advanced Human Resource Studies (CAHRS)
  5. CAHRS Working Paper Series
  6. Uncertainty and Human Capital Decisions: Traditional Valuation Methods and Real Options Logic

Uncertainty and Human Capital Decisions: Traditional Valuation Methods and Real Options Logic

File(s)
WP07_01_Uncertainty.pdf (116.55 KB)
Permanent Link(s)
https://hdl.handle.net/1813/77343
Collections
CAHRS Working Paper Series
Faculty Publications - Human Resource Studies
ILR Working Papers
Author
Badders, Brett
Clark, Lindsey Cottom
Wright, Patrick M.
Abstract

As the importance of human capital increases in organizations, so does the need to develop more sophisticated financial valuation models. This paper reviews some of the major traditional financial decision making models used in costing employment mode choices. It then introduces the real options valuation approach for costing such choices. The advantage of the real options model is demonstrated to build flexibility into employment decisions.

Date Issued
2007-01-15
Keywords
CAHRS
•
ILR
•
center
•
human resource
•
job
•
worker
•
advanced
•
labor market
•
satisfaction
•
employee
•
work
•
manage
•
management
•
health care
•
flexible benefit
•
HRM
•
employ
•
model
•
industrial relations
•
job satisfaction
•
job performance
•
productivity
•
measurement
•
compensation
•
pay
•
voluntary turnover
•
salary
•
pay level
•
benefit
•
pay raise
•
job growth
•
managerial
•
employment growth
•
college degree
Type
preprint

Site Statistics | Help

About eCommons | Policies | Terms of use | Contact Us

copyright © 2002-2026 Cornell University Library | Privacy | Web Accessibility Assistance