Real options - introduction to the state of the art

摘要

This special issue on Real Options of the European Journal of Finance includes 11 papers presented at the recent Annual International Conferences on Real Options. Eight of them were presented at the 13th Annual Conference held at the University of Minho (Braga, Portugal) and at the University of Santiago de Compostela (Spain) in 17-20 June 2009. The conferences brought together academics and practitioners at the forefront of real options and investment under uncertainty to discuss recent developments and applications. The conference, organised by the Real Options Group and the hosting universities, featured academic and professional presentations of theoretical and applied work, workshops and case discussions, experiences from the field and panel discussions.