Corpus ID: 166996671

Making Real Options Real

  title={Making Real Options Real},
  author={T. Copeland},
NPV and economic profit (EP) ignore an important reality: business decisions in many industries and situations can be implemented flexibly through deferral, abandonment, expansion, or in a series of stages that in effect constitute real options. Recognizing real options can help decision makers assess the profitability of new projects and understand whether and when to proceed with the later phases of projects that have already been initiated, particularly when they are close to breakeven. Real… Expand
104 Citations
Valuing the Option to Delay in Engineering Management: A Case Study
  • Maximilian Zellner, A. Abbas
  • Computer Science
  • 2019 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
  • 2019