Staged Venture Capital Investment considering Unexpected Major Events

Table 2

Depicting the maximal without considering major events uncertainty and corresponding with different . The used parameters are = 0; ; = 0.02; = 0.2; = 1.

	max	max	max
1	0.5711	0.4770	0.8352
2	1.1423	0.9530	0.8343
3	1.7134	1.4280	0.8334
4	2.2845	1.9040	0.8334
5	2.8557	2.3800	0.8334
6	3.4268	2.8560	0.8334