Real Options in Theory and Practice

ISBN: 9780195380637 出版年：2009 页码：433 Guthrie, Graeme Oxford University Press

Real options that arise in the real world often vary radically from one problem to another. These differences may arise due to the particular real options embedded in the projects and the order in which they can be exercised. They may arise due to different underlying sources of uncertainty (with possibilities ranging from easily observable commodity prices to almost unquantifiable factors such as the technological viability of a project. The possibilities are almost endless. This book focuses on building a general approach to solving real options problems from the ground up to show readers how real options can be assembled in a way appropriate to the individual problem being analyzed.