Real Options Valuation The Importance of Interest Rate Modelling in Theory and Practice

Managerial decision-making during the lifetime of a project can have im­ portant implications on project handling and its contribution to shareholder value. Traditional capital budgeting methods (in particular methods based on net present value) fail to capture the role of managerial degrees of free...

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Bibliographic Details
Main Author: Schulmerich, Marcus
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2005, 2005
Edition:1st ed. 2005
Series:Lecture Notes in Economics and Mathematical Systems
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Real Options in Theory and Practice
  • Stochastic Models for the Term Structure of Interest Rates
  • Real Options Valuation Tools in Corporate Finance
  • Analysis of Various Real Options in Simulations and Backtesting
  • Summary and Outlook