Real Options and Business Strategy

Introduction

Project Evaluation, Strategy and Real Options

Alberto Micalizzi and Lenos Trigeorgis

Growth Options, Competition and Strategy: An Answer to the Market Valuation Puzzle?

Han Smit and Lenos Trigeorgis

Creating and Managing Shareholder Value: A View through a Real Options Lens

Alexander Triantis

Applications in Real Options and Value-Based Strategy

Justin Pettit

The Flexibility of Discontinuing Product Development and Market Expansion: The Glaxo Wellcome Case

Alberto Micalizzi

A Business Shift Approach to R&D Option Evaluation

Onno Lint and Enrico Pennings

Airline Long-Term Planning Under Uncertainty: The Benefits of Asset Flexibility Created through Product Commonality and Manufacturer Lead Time Reductions

John Stonier

Real Options Evaluation for E-Business: A Case Study

Richard Chatwin, Yann Bonduelle, Anne Goodchild, Franchee Harman, Joao Mazzuco

Using Real Options to Frame the IT Investment Problem

Nalin Kulatilaka, P. Balasubramanian, John Storck

Software Design as an Investment Activity: A Real Options Perspective

Kevin Sullivan, Prasad Chalasani, Somesh Jha, Vibha Sazawal

Valuation of Natural Resources

Gonzalo Cortazar

Exercising Options to Reduce Capital Project Risk

L. G. Chorn and P. P. Carr

The Value of Market Research when a Firm is learning: Real Options Pricing and Optimal Filtering

Paul Wilmott, N Mayor, P. Schonbucher, E. Whalley and D. Epstein

Valuing the Operational Flexibility of a Multinational Enterprise (with Implications for Investment Location and Capacity Choice Decisions)

A. Muralidhar

A Note on Bibliographical Evolution of Real Options

Marco Dias

Lenos Trigeorgis

Alberto Micalizzi and Lenos Trigeorgis; Han Smit and Lenos Trigeorgis; Alexander Triantis; Justin Pettit; Alberto Micalizzi; Onno Lint and Enrico Pennings; John Stonier; Franchee Harman, Joao Mazzuco; Nalin Kulatilaka, P. Balasubramanian, John Storck; Kevin Sullivan, Prasad Chalasani, Somesh Jha, Vibha Sazawal; Gonzalo Cortazar; L. G. Chorn and P. P. Carr; Paul Wilmott, N Mayor, P. Schonbucher, E. Whalley and D. Epstein; A. Muralidhar; Marco Dias;