Real Options in Capital Investment(Original, Hardcover)

Real Options in Capital Investment: Models, Strategies, and Applications by Lenos Trigeorgis is a foundational text that reshapes how managers and investors evaluate strategic investment decisions under uncertainty. The book introduces real options theory as a powerful alternative to traditional discounted cash flow analysis, showing how flexibility, timing, and managerial choice add significant value to capital projects. Lenos Trigeorgis combines rigorous financial models with practical strategies, illustrating how real options apply to industries such as energy, technology, R&D, and infrastructure. Through clear explanations and real-world examples, the book helps readers understand how to assess risk, stage investments, and capitalize on uncertainty rather than fear it. Essential reading for finance professionals, MBA students, and strategic planners, this first edition remains a cornerstone in modern investment and corporate finance literature.