Real options analysis : tools and techniques for valuing strategic investments and decisions

Author(s)

• Mun, Johnathan

Bibliographic Information

Real options analysis : tools and techniques for valuing strategic investments and decisions

Johnathan Mun

（Wiley finance series）

Wiley, c2002

• : cloth/CD-ROM

Note

Includes bibliographies and index

Description and Table of Contents

Description

Cutting-edge information on the valuation and application of real options Most investors and risk managers are familiar with financial options. But the real option structure is embedded in billions of dollars of stocks traded every day, and in billions of dollars of strategic or investment decisions made by many companies. Real options are a useful tool to guide a firm's strategic planning, and can create or enhance a firm's value. Real Options Analysis provides a revolutionary approach to evaluating and valuing capital investment strategies by taking into consideration the real options inherent in the strategic decision-making process. This book provides readers with 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 the introduction of a stepwise quantitative process developed by the author for solving these problems using the different methodologies inherent in real options-with the assistance of Real Options software powered by Crystal Ball(TM), which is included on the companion CD-ROM. With technical presentations of models and approaches backed by theoretical and mathematical justifications, Real Options Analysis is one of the most comprehensive guides available on real options.

Table of Contents

List of Figures.Acknowledgments.Preface.PART I: THEORY. Chapter 1. A New Paradigm? Chapter 2. Traditional Valuation Approaches. Chapter 3. Real Options Analysis. Chapter 4. The Real Options Process. Chapter 5. Real Options, Financial Options, Monte Carlo Simulation, and Optimization. PART II: APPLICATION. Chapter 6. Behind the Scenes. Chapter 7. Real Options Models. Chapter 8. Advanced Options Problems. Chapter 9. Real Options Analysis Toolkit Software (CD--ROM). Chapter 10. Results Interpretation and Presentation.Case Studies and Problems in Real Options.Answers to Chapter Questions.Endnotes.Index.

by "Nielsen BookData"

Details

• NCID: BA59779051
• ISBN:
  • 047125696X
• LCCN: 2002008978
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Hoboken
• Pages/Volumes: xxvii, 386 p.
• Size: 24 cm.
• Attached Material: 1 CD-ROM (4 3/4 in.)
• Classification:
  • DC21 : 332.63228
• Subject Headings:
  • LCSH : Options (Finance)
• Parent Bibliography ID:
  • BA5197584X