Syllabus
Title
0747 Real Options
Instructors
o.Univ.Prof. Dr. Engelbert Dockner
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/01/14 to 10/01/14
Registration via LPIS
Registration via LPIS
Notes to the course
Subject(s) Doctoral/PhD Programs
The following topics will be covered in the course:
- Characteristics of real options
- Introduction to mathematical foundations of real options
- Solving real option problems: Dynamic programming approach
- Solving real option problems: Contingent claims approach
- Options to wait
- Real options and asset pricing
- Strategic exercise of options
This course introduces students to the techniques, tools and applications of real options. It is demonstrated that real options are a perfect tool to analyze problems in corporate finance, asset pricing and industrial organizations.
The course will combine two different ways to deliver the different topics to the students. The first one will be a classical lecture style approach where the instructor presents a challenging practical problem, identifies the issues involved and presents theoretical insight into this topic. The theory then is elaborated in front of the students.
The second method will be to discuss simple cases and ask students to provide theory-based solutions to these cases.
The second method will be to discuss simple cases and ask students to provide theory-based solutions to these cases.
Grading will be based on assignments, questions asked during lecture, and mainly on the basis of the final exam.
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Last edited: 2014-05-20
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