In this book, the authors offer corporate decision-makers the ability to assess the profitability of their ventures and decide which avenue of expansion or investment to go down and, crucially, when to take that leap. The reader goes on a journey through real options, from the basics to more advanced topics such as options and game theory. It provides expert guidance on how to implement the theory to maximize investment opportunities by utilizing uncertainty as an asset and reducing downside risk.

�ber die Autorin bzw. den Autor

Tom Copeland is Chief Corporate Finance Officer at Monitor Company in Cambridge, MA and a professor at MIT's Sloan School of Management. Previously, he was a partner and head of the corporate finance practice at McKinsey & Co, a member of the finance faculty at UCLA's Anderson School of Management and an adjunct full professor of finance at NYU's Stern School of Management.

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