Decision-makers in business and economics face a staggering array of problems. For example, managers of growing firms have to decide when to expand their busine
Explores real option theory applied in practice Real options are quickly becoming the valuation and decision-making method of choice for many companies, includi
Examines the ways in which real options theory can contribute to strategic management. This volume offers conceptual pieces that trace out pathways for the theo
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decisi
Business leaders are frequently faced with investment decisions on new and ongoing projects. The challenge lies in deciding what projects to choose, expand, con