1st Edition

Decision Options The Art and Science of Making Decisions

By Gill Eapen Copyright 2009
318 Pages 216 B/W Illustrations
by Chapman & Hall

316 Pages
by Chapman & Hall

Although uncertainty and flexibility are important attributes that drive the value of an investment, they are seldom systematically considered in traditional financial analysis. Through theory and case studies, Decision Options: The Art and Science of Making Decisions details how uncertainty and flexibility can be evaluated to assist in making better investment decisions in companies.... Read more

Introduction

Decisions, Options, and Decision Options

Decisions as Predetermined Outcomes, Options, and Risks

Private Risks and Probabilities

Market Risks and Stochastic Processes

Self-Standing Options and Pricing of Options

Pricing of Decision Options

Employee Stock Options as Decision Options

Case Studies in Life Sciences

Case Studies in Technology and Manufacturing

Case Studies in Commodities

Case Studies in Financial Services

Misperceptions Regarding Real Options

Challenges to Decision Options Implementation and Possible Remedies

Past, Present, and Future

Index

Biography

Gill Eapen is the founder and managing principal of Decision Options, LLC, a boutique advisory services company. He developed Decision Options Technology, a software platform that allows modeling of complex decision problems and assets to improve decision making, risk management, and portfolio maximization. He also designed Decision Options Equity Research, an automated analysis and trading system for publicly traded securities. Eapen holds graduate degrees from the University of Chicago and Northwestern University and an undergraduate degree from the Indian Institute of Technology.