An Applied Course in Real Options Valuation (Thomson South-Western Finance)

4.75 avg rating
( 4 ratings by Goodreads )
 
9780324259636: An Applied Course in Real Options Valuation (Thomson South-Western Finance)

The purpose of this text is to explain the theories of option pricing, and to apply those theories to real world decision-making. There is a seamless mix of theory and practice. The theories are described and explained in an easy-to-read and understandable manner, and then applied-using various cases and real world situations-to the practical world. Competitive books in this course area are generally not formatted as textbooks with no pedagogy at all.

"synopsis" may belong to another edition of this title.

About the Author:

Richard Shockley is a recognized authority on the newly emerging field of real options, with which firms assess and lock in risks on real assets. Dr. Shockley has published in the Journal of Applied Finance, the Journal of Applied Corporate Finance, the Journal of Finance, the Global Finance Journal, the Journal of Private Portfolio Management, the Journal of Money, Credit, and Banking, and the Journal of Financial Intermediation. He has participated in many conferences and presented many invited papers at meetings across the U.S., including the Federal Reserve Board of Governors, and in Australia and Italy. He is also the recipient of many teaching awards and honors.

Review:

1. Introduction. PART 1. THE THEORY OF VALUE. 2. Valuation of Financial Assets. 3. Valuation of Real Assets. PART 2. THE BINOMIAL MODEL. 4. Valuation by Arbitrage in the Binomial Model. PART 3. EUROPEAN-STYLE REAL OPTIONS. 5. Research and Development: Valuing the Preliminary Design of a Super-Jumbo Jet at Boeing. 6. Platform Investments: How Much Are You Willing To Lose in the Name of "Strategy"? A Lesson on Volatility Estimation. 7. Multi-Staged Investments: The Staged Roll-Out of Wal-Mart Neighborhood Markets. 8. Multi-Staged Investments with Technical (or Private) Risk: Early-Stage Pharmaceutical R&D, and the Interaction of Market and Technical Risk. 9. "Rainbow" Options. PART 4. AMERICAN-STYLE REAL OPTIONS. 10. More On Arbitrage Valuation in the Binomial Model: Early Exercise of Options, Convenience Yield, and Value Erosion. 11. The "Traditional" Look of Convenience Yield: An Option to Develop a Coal Mine. 12. Value Erosion that Triggers Early Exercise: An Option on a Tax Credit Investment at Koch Industries. 13. Optimal Abandonment Strategy: Closing a Money-Losing Foreign Subsidiary at Mead Johnson ? An Application with Foreign Exchange Risk. 14. Delayed Response to Decisions: "Fab Shells" at Intel. 15. Multiple Choices: Optimal Pollution Compliance Strategy at the Southern Company. 16. Conclusion: What Else Can You Do?

"About this title" may belong to another edition of this title.

Buy New View Book
List Price: US$ 165.95
US$ 111.40

Convert Currency

Shipping: US$ 1.99
Within U.S.A.

Destination, Rates & Speeds

Add to Basket

Top Search Results from the AbeBooks Marketplace

1.

Shockley, Richard L.
Published by South-Western College Pub (2006)
ISBN 10: 0324259638 ISBN 13: 9780324259636
New Hardcover Quantity Available: 2
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description South-Western College Pub, 2006. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P110324259638

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 111.40
Convert Currency

Add to Basket

Shipping: US$ 1.99
Within U.S.A.
Destination, Rates & Speeds

2.

Shockley, Richard L.
Published by South-Western College Pub
ISBN 10: 0324259638 ISBN 13: 9780324259636
New Hardcover Quantity Available: 1
Seller:
BennettBooksLtd
(Covington, KY, U.S.A.)
Rating
[?]

Book Description South-Western College Pub. Hardcover. Book Condition: New. 0324259638 New. Looks like an interesting title, learn more! We provide domestic tracking upon request. We provide personalized customer service and want you to have a great experience purchasing from us. 100% satisfaction guaranteed and thank you for your consideration. Bookseller Inventory # S-0324259638

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 152.92
Convert Currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, Rates & Speeds

3.

Richard L. Shockley
Published by South-Western College Pub (2006)
ISBN 10: 0324259638 ISBN 13: 9780324259636
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description South-Western College Pub, 2006. Hardcover. Book Condition: New. 1. Bookseller Inventory # DADAX0324259638

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 185.66
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Richard Shockley
Published by South-Western, Div of Thomson Learning (2006)
ISBN 10: 0324259638 ISBN 13: 9780324259636
New Hardcover Quantity Available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description South-Western, Div of Thomson Learning, 2006. Hardcover. Book Condition: Brand New. 1st edition. 523 pages. 9.50x7.50x1.00 inches. In Stock. Bookseller Inventory # 0324259638

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 293.88
Convert Currency

Add to Basket

Shipping: US$ 7.91
From United Kingdom to U.S.A.
Destination, Rates & Speeds