Real Options "In" Projects and Systems Design Identification of Options and Solution for Path Dependency
by Tao Wang (9783639103717)

Real Options
 
Tao Wang
Release Date: 01 December 2008
Format: Paperback
Pages: 344
Category: Engineering
Publisher: VDM Verlag
ISBN: 9783639103717
ISBN-10: 3639103718



This book describes a comprehensive approach to identify and deal with real options "in" projects, that is, those real options (flexibility) that are integral parts of the technical design. It attempts to specify analytically the design parameters that provide good opportunities for flexibility for any specific engineering system. It proposes a two-stage integrated process: options identification followed by options analysis. The options identification stage discovers the design elements most likely to provide worthwhile flexibility, including a screening and a simulation model. Options analysis stage develops a stochastic mixed-integer programming model to value options. This approach decreases the complexity and size of the models at each stage and thus permits efficient computation. The framework developed is generally applicable to engineering systems. The book explores two cases in river basin development and satellite communications, showing significant value of real options "in" projects, in the form of increased expected net benefit and/or lowered downside risk.

AUD $168.95

 This title is not held in stock & is ordered from suppliers, subject to availability.


View other Tao Wang titles like "Real Options "In" Projects and Systems Design Identification of Options and Solution for Path Dependency"



Write a customer review of Real Options "In" Projects and Systems Design Identification of Options and Solution for Path Dependency.



If you like this title please tell others:

tell others

post to your Facebook wall post on Twitter post on Digg recommend to Stumbleupon bookmark on Delicious RSS feed send to a friend


Australian BookShop
Australian Bookshop. Established 2003
Search
Shopping Cart Customer Support


HolisticPage
International Online Store
of Inspiration
we ship everywhere
Australia Post
Australia Wide
.
Worldwide