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Paperback • 2004 • English
By Eduardo S. Schwartz, Lenos Trigeorgis
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About the book
The study of investment under uncertainty was stagnant for several decades, until recent developments in real options provided the tools to revitalize the field. The techniques and insights derived from option pricing can now be used to quantify the elusive elements of managerial operating flexibility and strategic interactions ignored or underestimated by conventional Net Present Value and other quantitative approaches.Topics covered include the reasons for the under-investment problem and conc...Show more
Book details
ISBN
9780262693189
Publisher
MIT Press
Published year
2004
Language
English
Original title
Real Options and Investment Under Uncertainty Classical Readings and Recent Contributions
Format
Paperback
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