Strategic Investment: Real Options and Games
Publisher: Princeton University Press
Number of Pages: 472
Published: 2004-07-06
List price: $85.00
ISBN-10: 0691010390
ISBN-13: 9780691010397
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 decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields--in particular, real options and game theory--to help bridge this gap. In clear, straightforward exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation frame...