Real Options: Managerial Flexibility and Strategy in Resource Allocation

3,43 durchschnittliche Bewertung
( 7 Bewertungen bei GoodReads )
9780262201025: Real Options: Managerial Flexibility and Strategy in Resource Allocation
Vom Verlag:

In the 1970s and the 1980s, developments in the valuation of capital-investment opportunities based on options pricing revolutionized capital budgeting. Managerial flexibility to adapt and revise future decisions in order to capitalize on favorable future opportunities or to limit losses has proven vital to long-term corporate success in an uncertain and changing marketplace.In this book Lenos Trigeorgis, who has helped shape the field of real options, brings together a wealth of previously scattered knowledge and research on the new flexibility in corporate resource allocation and in the evaluation of investment alternatives brought about by the shift from static cash-flow approaches to the more dynamic paradigm of real options -- an approach that incorporates decisions on whether to defer, expand, contract, abandon, switch use, or otherwise alter a capital investment.Comprehensive in scope, Real Options reviews current techniques of capital budgeting and details an approach (based on the pricing of options) that provides a means of quantifying the elusive elements of managerial flexibility in the face of unexpected changes in the market. Also discussed are the strategic value of new technology, project interdependence, and competitive interaction.The ability to value real options has so dramatically altered the way in which corporate resources are allocated that future textbooks on capital budgeting will bear little resemblance to those of even the recent past. Real Options is a pioneer in this area, coupling a coherent picture of how option theory is used with practical insights in into real-world applications.

Über den Autor:

Lenos Trigeorgis is the Bank of Cyprus Chair Professor of Finance in the School of Economics and Management at the University of Cyprus and Professor of Finance at King's College of the University of London. He is the author of Real Options (MIT Press), Strategic Investment, and other books.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Gebraucht kaufen Angebot ansehen

Versand: EUR 9,90
Von Deutschland nach USA

Versandziele, Kosten & Dauer

In den Warenkorb

Beste Suchergebnisse beim ZVAB


Trigeorgis, Lenos
Verlag: Mit Press, 01.03.1996. (1996)
ISBN 10: 026220102X ISBN 13: 9780262201025
Gebraucht Anzahl: 1
Mosakowski & Stiasny GbR
(Florstadt, Deutschland)

Buchbeschreibung Mit Press, 01.03.1996., 1996. Buchzustand: Gut. Auflage: New.. 406 Seiten ex Library Book / aus einer wissenschafltichen Bibliothek / Ohne Schutzumschlag Sprache: Englisch Gewicht in Gramm: 743 22,9 x 16,0 x 3,0 cm, Gebundene Ausgabe. Artikel-Nr. 374986

Weitere Informationen zu diesem Verkäufer | Frage an den Anbieter

Gebraucht kaufen
EUR 22,60
Währung umrechnen

In den Warenkorb

Versand: EUR 9,90
Von Deutschland nach USA
Versandziele, Kosten & Dauer