ERIM Research Clinic: Real Options and Games
Abstract
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Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains large. New developments in corporate finance and related fields--in particular, real options and game theory-- help bridge this gap. This seminar follows a problem-solving approach that synthesizes principles from real options theory, game theory, and strategy for the valuation acquisitions. We explore new valuation techniques and illustrate these techniques in a wide variety of real life examples, ranging from going-private transactions, auctions, to buy-and-build acquisition strategies. back ground literature (not required) Smit J.T.J. and L. Trigeorgis “Strategic Investment: Real Options and Games”, Princeton University Press, 2004. |
| Contact information: |
| Han Smit |
