{"product_id":"the-pay-off-method-re-inventing-investment-analysis-with-numerical-application-examples-from-different-industries-paperback","title":"The Pay-Off Method: Re-Inventing Investment Analysis: With numerical application examples from different industries - Paperback","description":"\u003cp\u003eby \u003cb\u003eMikael Collan D. Sc\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eBusinesses 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\u0026amp;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.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eMikael 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.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 130\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.28 x 10 x 7.99 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 15, 2012\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42117945393287,"sku":"9781478238423","price":40.48,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/e50637072b691c65761ece8c1dc99137.webp?v=1732529072","url":"https:\/\/booksby.splitshops.com\/products\/the-pay-off-method-re-inventing-investment-analysis-with-numerical-application-examples-from-different-industries-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}