Project flexibility, agency, and competition : new developments in the theory and application of real options / edited by Michael J. Brennan, Lenos Trigeorgis.

Format:

• Book

Contributor:

• Brennan, Michael J. (Michael Joseph), 1928-2007.
• Trigeorgis, Lenos.

Language:

English

Subjects (All):

• Capital investments--Decision making.
• Resource allocation--Decision making.
• Capital budget.
• Corporations--Finance.
• Options (Finance).
• Resource allocation.

Physical Description:

viii, 357 pages : illustrations ; 25 cm

Place of Publication:

New York : Oxford University Press, [2000]

Summary:

Recent attention has been given to the valuation of "real options" to look at capital budgeting decisions and project management. Real options are a measure of the value of managerial flexibility and strategic value in capital investment. Because this topic is not yet covered adequately, this book fills a major gap in the market. It deals with issues of R&D and technology options; investments involving learning; infrastructure; competition; strategy; and growth options.

Notes:

Includes bibliographical references and index.

ISBN:

0195112695

OCLC:

39838440