Real options have gained considerable traction among management scholars and practitioners, yet some challenges remain regarding their strategic value and appropriate use. This article seeks to add ...

Consider the value of a 15-story Class B office building with four elevators in the central part of any American city. John Smollen, MIAX While its value may have always fluctuated, based on some ...

In turbulent economic times, one of the best ways through is to identify the certain uncertainties. For example, in a supply chain world rocked by uncertainty, what is certain? The need for flexible, ...

Real Options Theory provides a rigorous framework for evaluating strategic investments under uncertainty by casting managerial choices as embedded options within projects. It extends traditional ...

Modern valuation theory values equity of highly leveraged companies as a "real option" on the assets of the company with a strike price equal to the debt. Baytex "debt" which includes all third party ...