Project flexibility, agency, and competition : new developments in the theory and application of real options
| 000 | 00000cam u2200205 a 4500 | |
| 001 | 000045899179 | |
| 005 | 20170314173315 | |
| 008 | 170309s2000 nyua b 001 0 eng d | |
| 010 | ▼a 98040655 | |
| 020 | ▼a 0195112695 (alk. paper) | |
| 035 | ▼a (KERIS)REF000005340032 | |
| 040 | ▼a DLC ▼c DLC ▼d DLC ▼d 211009 | |
| 050 | 0 0 | ▼a HG4028.C4 ▼b P757 2000 |
| 082 | 0 0 | ▼a 658.15/2 ▼2 23 |
| 084 | ▼a 658.152 ▼2 DDCK | |
| 090 | ▼a 658.152 ▼b P964 | |
| 245 | 0 0 | ▼a Project flexibility, agency, and competition : ▼b new developments in the theory and application of real options / ▼c edited by Michael J. Brennan, Lenos Trigeorgis. |
| 260 | ▼a New York : ▼b Oxford University Press, ▼c c2000. | |
| 300 | ▼a viii, 357 p. ; : ▼b ill. ; ▼c 25 cm. | |
| 504 | ▼a Includes bibliographical references and index. | |
| 650 | 0 | ▼a Capital investments ▼x Decision making. |
| 650 | 0 | ▼a Resource allocation ▼x Decision making. |
| 650 | 0 | ▼a Capital budget. |
| 650 | 0 | ▼a Corporations ▼x Finance. |
| 650 | 0 | ▼a Options (Finance). |
| 700 | 1 | ▼a Brennan, Michael J. |
| 700 | 1 | ▼a Trigeorgis, Lenos. |
| 945 | ▼a KLPA |
소장정보
| No. | 소장처 | 청구기호 | 등록번호 | 도서상태 | 반납예정일 | 예약 | 서비스 |
|---|---|---|---|---|---|---|---|
| No. 1 | 소장처 중앙도서관/교육보존A/6 | 청구기호 658.152 P964 | 등록번호 111768436 | 도서상태 대출가능 | 반납예정일 | 예약 | 서비스 |
컨텐츠정보
책소개
Project Flexibility, Agency, and Competition exemplifies how the development and application of the real options paradigm has revolutionized project evaluation and corporate strategy. The first part of the book focuses on the valuation and the exercise of corporate real options, examining
situations in which future project cash flows are (at least partially) controllable by management. Part II deals with agency issues, contracts, and incentives, concentrating on agency problems that arise in a dynamic setting when cash flows are controllable and decision makers have private
information. Part III deals with the determination of optimal policies and the valuation of flexibility in natural resource investments. The final part of the book looks at strategic options and product market competition, particularly at reactions of outside parties where strategic interactions
between agents are important. These reactions naturally lead to game-theoretic or industry equilibrium valuation models.
Project Flexibility, Agency, and Competition is well-suited for corporate executives and students of finance, economics, and engineering management that focus on issues in budgeting or financial theory, and for courses in finance, strategy, and management that deal with options and strategy.
정보제공 :
목차
Real options : development and new contributions / Michael J. Brennan and Lenos Trigeorgis Real options and rules of thumb in capital budgeting / Robert L. McDonald Investment in flexible technologies under uncertainty / Kjell Arne Brekke and Bjarne Schieldrop Expandability, reversibility, and optimal capacity choice / Avinash K. Dixit and Robert S. Pindyck Entry and exit strategies under non-Gaussian distributions / Svetlana I. Boyarchenko and Sergei Z. Levendorskiĭ Evaluating research and development investments / Eduardo S. Schwartz and Mark Moon A self-enforced dynamic contract for processing of natural resources / Petter Bjerksund and Gunnar Stensland Bidding for the Antamina mine : valuation and incentives in a real options context / Alberto Moel and Peter Tufano Agency costs, underinvestment, and optimal structure : the effect of growth options to expand / David C. Mauer and Steven H. Ott Valuation of natural resource investments with stochastic convenience yields and interest rates / Kristian R. Miltersen A compound option model for evaluating multistage natural resource investments / Gonzalo Cortazar and Jaime Casassus Optimal extraction of nonrenewable resources when costs cumulate / Joseph A. Cherian, Jay Patel, and Ilya Khripko Real options and the timing of implementation of emission limits under ecological uncertainty / Jean-Daniel M. Saphores and Peter Carr Equilibrium with time-to-build : a real options approach / Steven R. Grenadier Strategic sequential investments and sleeping patents / Bart Lambrecht Competitive investment decisions : a synthesis / Domingo Castelo Joaquin and Kirt C. Butler The ship lay-up option and equilibrium freight rates / Jostein Tvedt.