Managing a Portfolio of Real Options

Abstract: Firms need to consider the balance between growth and switching options in their development of a portfolio of strategic options.  Growth and switching options represent a trade-ff between flexibility and commitment. Managers need to understand the uniqueness of their portfolios when assessing portfolio value, as well as taking into consideration market uncertainty and technological uncertainty.

Authors: Jaideep Anand, Raffaele Oriani, Roberto. S. Vassolo

Date: 2007

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