Real options & strategic flexibility in technology investments and product design.
Gautam Kasthuri Rangan.
Date of Issue2003
School of Mechanical and Aerospace Engineering
The initial chapters give an introduction to this concept of real options and talk on the different valuation techniques and the advantages offered by using a real option method in capturing managerial flexibility. An approach called hybrid real options is discussed and the superiority of this technique in comparison with the traditional techniques is shown.
Nanyang Technological University