Staged Venture Capital Investment considering Unexpected Major Events

Table 4

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	1.2894	2.2770	0.5663
2	2.5788	4.6530	0.5542
3	3.8682	7.0300	0.5502
4	5.1576	9.4060	0.5483
5	6.4770	11.7820	0.5472
6	7.7364	14.1580	0.5464