Investment Decision-Making Using Optional Models

Investment Decision-Making Using Optional Models

By David Heller
Hardcover – Illustrated
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In order to create value, companies must allocate their resources effectively and evaluate investment alternatives. This book examines, from a theoretical and empirical point of view, how managerial flexibility can be integrated into investment decisions through the optional approach. Unlike the traditional net present value method, the actual options take into account indeterminate elements. These lead to unpredictable cash flows at the time of the investment decision, especially in the context of complex and risky projects. The book puts into perspective the use of optional models and their interactions. The different categories of options are the subject of practical applications, through analysis of investment decisions where uncertainty is growing. Therefore, studies make it possible to consider the flexible nature of investment choices by integrating new information and risk over time.

Details

Publish date February 26, 2020
Publisher Wiley-Iste
Format Hardcover
Pages 208
ISBN 9781786305220
1786305224

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