Decision Options: The Art And Science Of Making Decisions (chapman & Hall/crc Finance)
by Gill Eapen /
2009 / English / PDF
8.3 MB Download
Although uncertainty and flexibility are important attributes
that drive the value of an investment, they are seldom
systematically considered in traditional financial analysis.
Through theory and case studies,
Although uncertainty and flexibility are important attributes
that drive the value of an investment, they are seldom
systematically considered in traditional financial analysis.
Through theory and case studies,Decision Options: The
Art and Science of Making Decisions
Decision Options: The
Art and Science of Making Decisions details how
uncertainty and flexibility can be evaluated to assist in making
better investment decisions in companies. Harnessing the author’s
own software technology, the book supplies a tool set that
enables the incorporation of uncertainty and flexibility in
investment decisions up front without being too complex.
details how
uncertainty and flexibility can be evaluated to assist in making
better investment decisions in companies. Harnessing the author’s
own software technology, the book supplies a tool set that
enables the incorporation of uncertainty and flexibility in
investment decisions up front without being too complex.
After a qualitative introduction to decision options, the author
covers private and market risks, including how risks relate to
decisions and the use of stochastic processes to represent risks.
He then presents self-standing options, such as financial options
and options pricing theory; describes how decision options are
different from single-standing financial options; and deals with
a special case of decision options in pricing employee stock
options. The next several chapters focus on various case studies
of practical applications of decision options. The book also
explores common misperceptions around the term
After a qualitative introduction to decision options, the author
covers private and market risks, including how risks relate to
decisions and the use of stochastic processes to represent risks.
He then presents self-standing options, such as financial options
and options pricing theory; describes how decision options are
different from single-standing financial options; and deals with
a special case of decision options in pricing employee stock
options. The next several chapters focus on various case studies
of practical applications of decision options. The book also
explores common misperceptions around the termreal
options
real
options and the impediments that currently exist in large
companies for the systematic practice of decision options.
and the impediments that currently exist in large
companies for the systematic practice of decision options.
Providing rigorous methods to use when making decisions, this
book helps readers reduce the time and effort needed to reach
decisions and build consensus, improve decision fidelity and
communication, and enhance the value of their enterprise.
Providing rigorous methods to use when making decisions, this
book helps readers reduce the time and effort needed to reach
decisions and build consensus, improve decision fidelity and
communication, and enhance the value of their enterprise.