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Author: | Copeland, T. Tufano, P. |
Title: | A real-world way to manage real options |
Journal: | Harvard Business Review
2004 : MAR, VOL. 82:3, p. 90-99 |
Index terms: | Options Decision making Management Finance Models |
Language: | eng |
Abstract: | Real options don't have to be a black box. Here's an approach that not only makes the math of options easier but also helps you make better decisions about exercising them. The article makes the case that the complexity of real options can be eased through the use of a binomial valuation model. |
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