Description |
viii, 871 pages : illustrations ; 25 cm |
Contents |
1. Real Options and Investment under Uncertainty: An Overview / Eduardo S. Schwartz and Lenos Trigeorgis -- I. Underinvestment and Conceptual Options Approaches. 2. Finance Theory and Financial Strategy / Stewart C. Myers. 3. Today's Options for Tomorrow's Growth / W. Carl Kester. 4. Valuing Managerial Flexibility / Lenos Trigeorgis and Scott P. Mason. 5. The Options Approach to Capital Investment / Avinash K. Dixit and Robert S. Pindyck. 6. A Conceptual Options Framework for Capital Budgeting / Lenos Trigeorgis -- II. Review of Some Basic Models. 7. Real Options: An Overview / Lenos Trigeorgis. 8. A New Approach to Evaluating Natural Resource Investments / Michael J. Brennan and Eduardo S. Schwartz. 9. Investment and Hysteresis / Avinash K. Dixit. 10. The General Flexibility to Switch: Real Options Revisited / Nalin Kulatilaka and Lenos Trigeorgis. 11. Irreversibility, Uncertainty, and Investment / Robert S. Pindyck -- III. Valuing Various Real Options. 12. The Value of Waiting to Invest / Robert McDonald and Daniel Siegel. 13. Time to Build, Option Value, and Investment Decisions / Saman Majd and Robert S. Pindyck. 14. Abandonment Value and Project Life / Stewart C. Myers and Saman Majd. 15. Irreversible Investment, Capacity Choice, and the Value of the Firm / Robert S. Pindyck. 16. Evaluating Natural Resource Investments / Michael J. Brennan and Eduardo S. Schwartz. 17. The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options / Lenos Trigeorgis -- IV. Strategy and Competition. 18. Strategy as a Portfolio of Real Options / Timothy A. Luehrman. 19. The Value of Options in Strategic Acquisitions / Kenneth W. Smith and Alexander J. Triantis. 20. Capital Budgeting for Interrelated Projects: A Real Options Approach / Paul D. Childs, Steven H. Ott and Alexander J. Triantis. 21. Flexibility and Commitment in Strategic Investment / Han T. J. Smit and Lenos Trigeorgis. 22. Strategic Growth Options / Nalin Kulatilaka and Enrico C. Perotti. 23. Investment in Technological Innovations: An Option Pricing Approach / Steven R. Grenadier and Allen M. Weiss -- V. Numerical Techniques. 24. A Log-transformed Binomial Numerical Analysis Method for Valuing Complex Multi-Option Investments / Lenos Trigeorgis. 25. Finite Difference Methods and Jump Processes Arising in the Pricing of Contingent Claims: A Synthesis / Michael J. Brennan and Eduardo S. Schwartz. 26. Valuation by Approximations: A Comparison of Alternative Option Valuation Techniques / Robert Geske and Kuldeep Shastri. 27. Simulation and Numerical Methods in Real Options Valuation / Gonzalo Cortazar -- VI. Applications. 28. Applications of Option-Pricing Theory: Twenty-Five Years Later / Robert C. Merton. 29. Scientific Management at Merck: An Interview with CFO Judy Lewent / Nancy A. Nichols. 30. Case Studies on Real Options / Angelien G. Z. Kemna. 31. The Value of Flexibility: The Case of a Dual-Fuel Industrial Steam Boiler / Nalin Kulatilaka. 32. A Real Options Application in Natural-Resource Investments / Lenos Trigeorgis. 33. Managing Investment Opportunities under Price Uncertainty: From "Last Chance" to "Wait and See" Strategies / Petter Bjerksund and Steinar Ekern. 34. Urban Land Prices under Uncertainty / Sheridan Titman. 35. Investments of Uncertain Cost: An Application to the Construction of Nuclear Power Plants / Robert S. Pindyck. 36. Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network / Bruce Kogut and Nalin Kulatilaka -- VII. Empirical Evidence. 37. Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases / James L. Paddock, Daniel R. Siegel and James L. Smith. 38. Empirical Testing of Real Option-Pricing Models / Laura Quigg. 39. Investor Valuation of the Abandonment Option / Philip G. Berger, Eli Ofek and Itzhak Swary |
Notes |
Paperback edition published 2004 |
Bibliography |
Includes bibliographical references and index |
Subject |
Options (Finance)
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Capital investments.
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Uncertainty.
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Author |
Schwartz, Eduardo S.
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Trigeorgis, Lenos.
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LC no. |
2001037064 |
ISBN |
0262693186 |
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0262194465 alkaline paper |
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