Real Options

Real Options

Managerial Flexibility and Strategy in Resource Allocation

by Lenos Trigeorgis

Hardback Publication Date: 14/03/1996

25%
OFF
RRP  $184.99 $139.25
or 4 easy payments of $34.81 with
afterpay
This item qualifies for FREE delivery
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 opportunities or to limit losses has proven vital to long-term corporate success in an uncertain and changing marketplace. In this book Lenos Trigeorgis, brings together 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.
ISBN:
9780262201025
9780262201025
Category:
Budgeting & financial management
Format:
Hardback
Publication Date:
14-03-1996
Language:
English
Publisher:
MIT Press Ltd
Country of origin:
United States
Pages:
406
Dimensions (mm):
229x160x34mm
Weight:
0.73kg

This title is in stock with our UK supplier and arrives at our Sydney warehouse within 1-2 weeks of you placing order. An overall delivery estimate to you, (arrival time to A&R + delivery via post to your address) can be found below.

Once received into our warehouse we will despatch it to you with a Shipping Notification which includes online tracking.

 

An overall delivery time for this item, including the 1-2 week arrival time to A&R, to your address is:

NSW Metro: 9- 12 working days.
NSW Regional: 10 - 15 working days.
VIC & SA Metro: 10 - 13 working days.
VIC & SA Regional: 10 - 15 working days.
QLD Metro: 10 - 15 working days.
QLD Regional: 14 - 22 working days.
TAS: 10 - 15 working days.
WA Metro: 10 - 15 working days.
WA Regional: 13 -16 working days.
NT Metro: 13 - 16 working days.
NT Regional: 14 - 22 working days.

Customer Reviews

Be the first to review Real Options.