Literature
Real Options, Revised Edition: A Practitioner's Guide
by Tom Copeland, Vladimir Antikarov
This book provides expert guidance on how to implement the theory to
maximize investment opportunities by utilizing uncertainty as an asset and
reducing downside risk.
more about this book
Real Options: Managing Strategic Investment in an Uncertain World
by Martha Amram, Nalin Kulatilaka
Huge payoffs in business usually entail embracing lots of risk. That's the
message of Real Options, by Martha Amram and Nalin Kulatilaka. The authors
argue that standard models of evaluating strategic investments fail to
consider the element of risk fully. The book provides plenty of
theoretical case studies, formulas, and charts that demonstrate how to
shape business strategies using a system based on option-pricing. The
method can value everything from undeveloped land to untried products.
more about this book
Real Options Analysis: Tools and Techniques for Valuing Strategic Investment and Decisions
by Johnathan Mun
This book 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.
more about this book
Project Valuation Using Real Options: A Practitioner's Guide
by Prasad Kodukula, Chandra Papudesu
Traditional project valuation tools such as discounted cash flow/net
present value assume a "fixed" path ahead. But real world projects face
uncertainties, forcing you to change the path often. This book
introduces a more practical approach to project valuation known as real
options analysis. Derived from options theory in modern finance, this
approach is based on the Nobel Prize-winning work of three MIT
economists.
more about this book
Strategic Investment: Real Options and Games
by Han T. J. Smit, Lenos Trigeorgis
The book follows a problem-solving approach that synthesizes ideas from
game theory, real options, and strategy. Thinking in terms of
options-games can help managers address questions such as: When is it
best to invest early to preempt competitive entry, and when to wait?
Should a firm compete in R&D or adopt an accommodating stance? ... The
authors provide a wide range of valuation examples, such as acquisition
strategies, R&D investment in high-tech sectors, joint research
ventures, product introductions in consumer electronics, infrastructure,
and oil exploration investment.
more about this book
|