Real Option Links: Practice

Journals/Articles/Books

• Thinking in Real Options (Business Finance, March 2002 Edition).

• Real Option Approaches in Venture Capital Finance (The site reflects the development of a Master's Thesis on the topic by Søren Bruun Petersen and Peter Christopher Bason).

• CIO Magazine
 
Taking an Option on IT (June 15, 1999, real options applied to information technology investment).

• CFO Europe Magazine

Reaping real rewards (August, 1999)

• Brennan, M., and E. Schwartz, A New Way of Evaluating Natural Resource Investments, 1985, Midland Journal of Corporate Finance, 3, pp. 78-88.

• Kemna, A.G.Z., 1993, Case Studies On Real Options, Financial Management, Autumn, pp. 259-270

• Kulatilaka, N., and A. Marcus, 1992, Project Valuation Under Uncertainty, Journal of Applied Corporate Finance, Fall, pp. 92-100.

• Dixit, A. K., and R.S. Pindyk, 1995, The Options Approach To Capital Investment, Harvard Business Review, May/June, pp. 105-115.

 

 

Books
 

• PSerc Publications on Electric Power

• A Real Options Approach (Adrian Buckley 's book " International Investment - Value Creation and Appraisal").

• Real Options: A practitioner's guide (Barnes and Noble)

• Amram, M., and N. Kulatilaka, 1999, Real Options: Managing Strategic Investment in an Uncertain World, (Harvard Business School Press, Boston, Mass.).

• Dixit, A. K., and R.S. Pindyk, 1994, Investment Under Uncertainty, (Princeton University Press, Princeton, New Jersey).

• Buckley, A. (1998) International Investment - Value Creation and Appraisal, Copenhagen: Copenhagen Business School Press

• Trigeorgis, L. (1996) Real Options - Managerial Flexibility and Strategy in Resource Allocation, Cambridge, Mass.: MIT Press

• Decision Options, LLC, (This company helps value entities, products, technologies, processes, intellectual property and information using simulation based real options analysis).

• Real Options in Petroleum (A collection of Real Options related materials, Brazil site).

• Real options in Germany  (By Prof. Bernhard Pellens. Download an Excel file with binomial option valuation model for many real options, read online text, etc).

• Hakan Erdogmus  (Associate Research Officer for Software Engineering Group of Institute for Information Technology, National Research Council of Canada. Has links to various applications).

• A software engineering resource list  (Real Options for engineers, with more links and articles).

The Role of Real Options in Valuing Information Technology Projects (This resource explores the role of real options in valuing intangible benefits associated with an information technology project.

•  Using real options in strategic decision making (This web resource examines the questions: "What are real options"? and "Under what conditions is a real options approach to strategic decision making useful.

•  Exploiting Uncertainty: The 'real options' revolution in decision-making (Business Week article gives examples of the application of a "real options" methodology by various firms.

• Identifying Real Options (Web resource provides general guidelines for identifying and valuing real options inherent in projects).

• Putting "Real Options" to Work ('Motley Fool' article applies "real options" framework to buying stocks.

• Reaping real rewards ('cfoeurope' article details the growing use of a "real options" approach to valuing investments.

Conferences

• Real Options Workshop, Turku, Finland from 6-8 May, 2002 (International Real Options Workshop organized by the Institute for Advanced Mangement Systems Research, Åbo Akademi University, and two corporate sponsors).

• Annual Conference on Real Option (The conference Agenda, downloadable abstracts and papers. Sponsored by the Real Options Group).

• Cambridge University's Workshop (Real Options Forum held on June 22nd 1999).

• Web Event - Optimization Model for Capital Investment Decisions using Option Pricing (This is a web conference which also has the articles, webpage, and book links information. You can join the on-line discussion/conference on real options subject).