Includes bibliographical references (pages 109-114).
CONTENTS NOTE
Text of Note
Introduction -- Valuation models: traditional versus real options -- A framework for the valuation of real options -- Getting real about real options -- Pitfalls and pratfalls in real options valuation -- Empirical evidence on the use and accuracy of real options valuation -- Summary and conclusions -- Appendix A. Further illustrations of real options in investment projects -- Appendix B. Binomial example of the Hokie Company's investment opportunity.