Stock Options for Undiversified Executives
Downloadable spreadsheets for Brian J. Hall and
Kevin J. Murphy, "Optimal Exercise Prices for Executive
Stock Options"
(American Economic Review, May 2000)
Copyright © 2000 by Brian J. Hall and Kevin J. Murphy. Please do not use without acknowledgement!
| Read Me First |
PDF file with instructions and descriptions |
| Exec Values |
Excel spreadsheet to compute the value of a
non-tradable stock option to a risk-averse undiversified
executive |
| Exec Incentives | Excel spreadsheet to compute the incentives of a non-tradable stock option to a risk-averse undiversified executives |
Note: These spreadsheets contain embedded macros (that's how they work) but, to our knowledge, no viruses! |
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