Real Options Analysis: Tools and Techniques for Valuing Strategic Investment and Decisions

$18.71

Author(s)

Pages

414

Format

PDF

Published Date

2002

303 People watching this product now!
Category:
Description

Completely revised and updated to meet the challenges of today’s dynamic business environment, Real Options Analysis offers you a fresh look at evaluating capital investment strategies by taking the strategic decision-making process into consideration. This comprehensive guide provides both a qualitative and quantitative description of real options; the methods used in solving real options; why and when they are used; and the applicability of these methods in decision making.

Author’s Introduction:

Real Options Analysis provides a novel view of evaluating capital investment strategies by taking into consideration the strategic decision-making process. The book provides a qualitative and quantitative description of real options, the methods used in solving real options, why and when they are used, and the applicability of these methods in decision-making.

In addition, multiple business cases and real-life scenarios are discussed. This includes presenting and framing the problems, as well as introducing a stepwise quantitative process developed by the author for solving these problems using the different methodologies inherent in real options. Included are technical presentations of models and approaches used as well as their theoretical and mathematical justifications.

Real Options Analysis is divided into two parts. The first part looks at the qualitative nature of real options, providing actual business cases and applications of real options in the industry, as well as high-level explanations of how real options provide much-needed insights in decision-making. The second part of the book looks at the quantitative analysis, complete with worked-out examples and mathematical formulae.

Contents:

  • A NEW PARADIGM?
  • Traditional Valuation Approaches
  • Real Options Analysis
  • The Real Options Process
  • Real Options, Financial Options, Monte Carlo Simulation, and Optimization
  • Behind the Scenes
  • Real Options Models
  • Advanced Options Problems
  • Real Options Analysis Toolkit Software
  • Results Interpretation and Presentation
Real Options Analysis: Tools and Techniques for Valuing Strategic Investment and Decisions By Johnathan Mun pdf