Explores real option theory applied in practice Real options are quickly becoming the valuation and decision-making method of choice for many companies, includi

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

Business leaders are frequently faced with investment decisions on new and ongoing projects. The challenge lies in deciding what projects to choose, expand, con

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

Using real-world examples and clear case studies, the authors provide investors and managers with an innovative method for assessing a company's non-financial a