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1 of 1 people found the following review helpful:
4.0 out of 5 stars Good Collection of Articles, April 22, 2008
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This textbook provides the student with a good collection of papers on fundamental aspects of real options. Traditional NPV analysis gets a trashing by this book and the proponents of real options analysis. Of course, there is some merit to it or else many prominent academics would not waste their time discussing the issues. There is a good blend of theoretical and empirical papers, and the papers discuss a variety of applications from the traditional natural resource investment to real estate.
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Real Options and Investment under Uncertainty: Classical Readings and Recent Contributions
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