The Pay-Off Method: Re-Inventing Investment Analysis: With numerical application examples from different industries - Couverture souple

Collan D.Sc., Mikael

Couverture souple

ISBN 10 : 1478238429 ISBN 13 : 9781478238423

Editeur : CreateSpace Independent Publishing Platform, 2012

Synopsis

Businesses and managers everywhere are finding out that using the classical investment analysis methods is not enough to cover their need for smart decision-support for high risk, hard to estimate investments under vague information, such as investments into R&D, IPR, and any other strategic projects and assets. This book introduces the pay-off method and shows how the method can enhance investment analysis and decision-support in a profound way. The pay-off method and a selection of tools within the pay-off method arsenal, including real option valuation, are simple to use, transparent, no-nonsense, and intuitive to understand. This book explains the pay-off method in detail and shows with many numerical easy-to-follow examples how the method can be applied in real-world decision-making in different industries. This book shows also how decision-making can be enhanced by visualizing imprecision and how real option valuation can be performed simply. All method presented are easily implementable with the most commonly used spread-sheet software. The pay-off method is a clear continuation to where the "old" investment analysis methods usually leave uss off and gives you a chance to better plan and to understand your investments. After having read this book you will never be the same decision-maker again, but you will know what information to require for better investment decision-making.

A propos du livre

À propos de l?auteur

Mikael Collan is a professor of strategic finance at the Lappeenranta University of Technology in Finland. He has a long background in asset valuation and using fuzzy logic in modeling inaccuracy with regards to corporate investment decision-making. Mikael has worked with a number of multi-national corporations on a number of different issues that have to do with investment profitability analysis and investment decision-making – many of them connected to the examples shown in this book. Mikael serves in the boards of a number of companies and is an active member of the academic community around real option valuation and operational research. He also has a background in information systems research. After finishing his doctoral degree he spent a time in the industry and has since returned to academia and now for the first time shares his views on investment analysis in a book format.

Détails de l'édition

• Éditeur: CreateSpace Independent Publishing Platform
• Date d'édition: 2012
• Langue: anglais
• ISBN 10: 1478238429
• ISBN 13: 9781478238423
• Reliure: Broché
• Nombre de pages: 128
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg