Published Papers

Interactions of Corporate Financing and Investment Decisions: The Effects of Agency Conflicts
by Paul D. Childs, David Mauer, and Steven H. Ott
Journal of Financial Economics. June 2005, Volume 76(3), pp. 667-690.
Effects of Noise on Optimal Exercise Decisions: The Case of Risky Debt Secured by Renewable Lease Income
by Paul D. Childs, Steven H. Ott, and Timothy J. Riddiough
Real Estate Finance and Economics. May/March 2004, Volume 28(2/3), pp. 109-121.
Optimal Valuation of Noisy Real Assets
by Paul D. Childs, Steven H. Ott, and Timothy J. Riddiough
Real Estate Economics. Fall 2002, Volume 30(3), pp. 385-414.
Optimal Valuation of Claims on Noisy Real Assets: Theory and an Application
by Paul D. Childs, Steven H. Ott, and Timothy J. Riddiough
Real Estate Economics. Fall 2002, Volume 30(3), pp. 415-443.
Valuation and Information Acquisition Policy for Claims Written on Noisy Real Assets
by Paul D. Childs, Steven H. Ott, and Timothy J. Riddiough
Financial Management. Summer 2001, Volume 30(2), pp. 45-75.

Dynamic R&D Investment Policies
by Paul D. Childs and Alexander J. Triantis
Management Science. October 1999, Volume 45(10), pp. 1359-1377.
Capital Budgeting for Interrelated Projects: A Real Options Approach
by Paul D. Childs, Steven H. Ott, and Alexander J. Triantis
Journal of Financial and Quantitative Analysis. 1998, Volume 33(3), pp.305-334.
This paper is being reprinted in the forthcoming book Real Options and Investment Under Uncertainty: Classical Readings and Recent Contributions edited by E. Schwartz and L. Trigeorgis, MIT Press.
Bias in the Empirical Approach to Determining Bond and Mortgage Risk Premiums
by Paul D. Childs, Steven H. Ott and Timothy J. Riddiough
Journal of Real Estate Finance and Economics. 1997, Volume 14(3), pp. 263-282.
The Pricing of Multiclass Commercial Mortgage-Backed Securities
by Paul D. Childs, Steven H. Ott and Timothy J. Riddiough
Journal of Financial and Quantitative Analysis. 1996, Volume 31(4), pp. 581-603.
Mixed-Uses and the Redevelopment Option: Property and Mortgage Valuation Under Uncertainty
by Paul D. Childs, Timothy J. Riddiough and Alexander J. Triantis
Real Estate Economics. 1996, Volume 24(3), pp.317-339.
The Value of Recourse and Cross Default Clauses in Commercial Mortgage Contracting
by Paul D. Childs, Steven H. Ott and Timothy J. Riddiough
Journal of Banking and Finance. 1996, Volume 20(3), pp. 511-536.

Working Papers

Defined Benefit vs. Defined Contribution? Determining the Optimal Benefit Plan Choice Using a Real Options Framework
by Paul D. Childs and Steven H. Ott

Leasing Risk, Financing Risk, and Capital Structure Decisions
by Paul D. Childs, Steven H. Ott, and Tim Riddiough