Real options

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Cover; Title; Copyright; Dedication; Contents; List of Tables; Preface; Chapter 1 How Net Present Value Is Implemented; Chapter 2 Making Decisions Sequential; Chapter 3 Option Terminology and an Introduction to Binomial Trees; Chapter 4 Binomial Trees, Risk-Neutral Pricing, and …

As opposed to the well developed and understood equity markets, the energy markets are still in their infancy. The explosion of contracts, of both the primary and derivative types, are testament both to the existing size and the untapped growth potential of this exciting industr…