Real Options in Theory and Practice

Name: Real Options in Theory and Practice
Price: 33.71 USD
Availability: InStock
ISBN: 9780195380637

ISBN-10: 0195380630

ISBN-13: 9780195380637

Edition: 2009

Authors: Graeme Guthrie

List price: $115.00

30 day, 100% satisfaction guarantee!

Sell

Get cash fast!

Marketplace

2 new & used from $33.71

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Decision makers in business and economics face a staggering array of problems. Managers of growing firms have to decide which growth options will expand their business. Governments have to decide which infrastructure investments to undertake. Managers of oil firms must decide how rapidly to deplete their reserves. Owners of land must decide when and how to develop. Operators of power plants must decide when to start them up and when to shut them down. While these problems seemquite diverse, they share many important features. In each case, the decision maker must choose when to take a particular action that will be difficult, if not impossible, to reverse. In each case, the consequences of…

Book details

List price: $115.00
Copyright year: 2009
Publisher: Oxford University Press, Incorporated
Publication date: 7/30/2009
Binding: Hardcover
Pages: 448
Size: 9.30" wide x 6.20" long x 1.10" tall
Weight: 1.628
Language: English



Preface



Introduction



Foundations



The modeling framework



Valuing single-period cash flows



Valuing multi-period cash flows



Combining valuation and decision making



Component Real Options



Options that do not affect the state of a project



Simple timing options



Compound timing options



Uber-compound timing options 200



Switching options



Learning options



Calibrating the Model 293



Calibration using spot and futures price data 294



Calibration using option price data



Calibrating trees of alternative state variables



Putting the Pieces Together



Forestry management and valuation



Developing a gas field



Mothballing an ethanol plant



Where to from here?