Author page: Johnathan Mun

Layman’s Primer on Quantitative Decision and Risk Analysis: Monte Carlo Simulation, Real Options Analysis, Forecasting and Optimization

#6-7. Springs of Surprises

With the advent of games of chance human greed promoted studies of risks and probabilities, which more and more accurately reflected real-life events.

Strategic Flexibility of Investment Decisions: Real Options Analysis

#2. Is it reformation on the march?

The value of having the choice of strategic options may be obtained only if the appropriate option is being executed, otherwise all options are worthless.