TY - BOOK AU - Smit,Han T.J. AU - Trigeorgis,Lenos TI - Strategic investment: real options and games SN - 0691010390 AV - HG6042 .S63 2004 U1 - 332.6453015193 22 PY - 2004///] CY - Princeton, N.J. PB - Princeton University Press KW - Options (Finance) KW - Investments KW - Game theory N1 - Includes bibliographical references and index; Introduction : strategic investment as real options and games -- Corporate finance and strategic planning : a linkage -- Strategic management : competitive advantage and value creation -- Corporate real options -- Games and strategic decisions -- Simple strategic investment games -- Flexibility and commitment -- Value dynamics in competitive R & D strategies -- Case applications -- Continuous-time models and applications -- Overview and implications -- --; Introduction : strategic investment as real options and games --; Ch. 1; Corporate finance and strategic planning : a linkage --; Ch. 2; Strategic management : competitive advantage and value creation --; Ch. 3; Corporate real options --; Ch. 4; Games and strategic decisions --; Ch. 5; Simple strategic investment games --; Ch. 6; Flexibility and commitment --; Ch. 7; Value dynamics in competitive R & D strategies --; Ch. 8; Case applications --; Ch. 9; Continuous-time models and applications --; Ch. 10; Overview and implications N2 - "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 embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields - in particular, real options and game theory - to help bridge this gap. In exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation framework for competitive strategies."; "The authors provide a wide range of valuation examples, such as acquisition strategies, R & D investment in high-tech sectors, joint research ventures, product introductions in consumer electronics, infrastructure, and oil exploration investment." "Strategic Investment will be a guide and resource for corporate managers, MBA students, and academics alike."--Jacket; "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 embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields - in particular, real options and game theory - to help bridge this gap. In exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation framework for competitive strategies." "The authors provide a wide range of valuation examples, such as acquisition strategies, R&D investment in high-tech sectors, joint research ventures, product introductions in consumer electronics, infrastructure, and oil exploration investment." "Strategic Investment will be a guide and resource for corporate managers, MBA students, and academics alike."--BOOK JACKET UR - http://catdir.loc.gov/catdir/bios/prin051/2003066385.html ER -