<p>Dr.Thomas Dangl ist Ao.Univ.-Prof. am Institut fΓΌr Managementwissenschaften der Technischen UniversitΓ€t Wien. <br> Dr. Michael Kopel ist ebenfalls Ao.Univ.-Prof. UniversitΓ€tsdozent am Institut fΓΌr Managementwissenschaften an der Technischen UniversitΓ€t Wien.<br> Prof. Dr. Wolfgang KΓΌrsten ist Inh
Real Options Illustrated
β Scribed by Linda Peters (auth.)
- Publisher
- Springer International Publishing
- Year
- 2016
- Tongue
- English
- Leaves
- 114
- Series
- SpringerBriefs in Finance
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
This book explains the standard Real Options Analysis (ROA) literature in a straightforward, step by step manner without the use of complex mathematics. A lot of ROA literature is described through partial differential equations, probability density functions and simulation techniques, all of which may be unconvincing in the applicable qualities ROA possesses. Using this book, the reader will have a better grasp about how ROA works and will be able to provide his or her judgment about ROA, since all the basics, as well as its positive and negative qualities, are discussed.
Real Options Illustrated provides practitioners with a real options framework and encourages readers to study the methodology using the in-depth explanations. This introduction to ROA is sufficient to equip readers with ROA basics, enabling them to perform future independent research. From this book, readers can judge whether ROA is of any value to their field.
β¦ Table of Contents
Front Matter....Pages i-x
Introduction to Real Options Analysis....Pages 1-15
Comparison of Real Options Analysis and Other Methods....Pages 17-25
Real Options Methods Illustrated....Pages 27-85
The Impact of Probability Distributions....Pages 87-96
Back Matter....Pages 97-107
β¦ Subjects
Risk Management; Statistics for Business/Economics/Mathematical Finance/Insurance; Macroeconomics/Monetary Economics//Financial Economics
π SIMILAR VOLUMES
Praise for Real Options Analysis <P>"This book is a must-have and must-read . . . Munβs new book is a refreshing, cutting-edge look at a powerful new decision-making process . . . it isnβt often you can truthfully say a book breaks new ground, but [this book] has certainly done that." βGl
Real options theory has attracted significant interest in the field of strategic management. Advocates of the approach emphasize that importing concepts from financial economics holds out the potential of yielding new insights on strategic decision-making under uncertainty as well as boundary-of-th
How much should a pharmaceutical company invest in R&D for a new drug? <P>At what point do the costs outweigh the benefits of a new technology? <P>When should you abandon that oil-drilling project? <P>''Real options is an exciting but very challenging subject for many strategy and cor
How much should a pharmaceutical company invest in R&D for a new drug? <P>At what point do the costs outweigh the benefits of a new technology? <P>When should you abandon that oil-drilling project? <P>"Real options is an exciting but very challenging subject for many strategy and corp
<p><P><STRONG>OR Society Award 2008!</STRONG></P><P><STRONG>For his excellent monograph, Rainer Brosch won the German OR Society Award 2008 for outstanding theses in the field of Operations Research in September 2008.</STRONG></P><P>"Valuing portfolios of options embedded in investment decisions is