Real Options Analysis and Strategic Decision Making

By E. H. Bowman, Gary T. Moskowitz. 2001

336 citations recorded by the source corpus.

How researchers see this paper

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Managing Capacity in the High-Tech Industry: A Review of Literature (2005, background): “Therefore a straightforward adoption of Black-Scholes formula in modeling capacity expansion may lead to inaccurate conclusions since the drift can change direction (Bowman & Moskowitz, 2001).”
Real Options in Management and Organizational Strategy: A Review of Decision‐making and Performance Implications (2012, neutral): “The real options paradigm offers an especially relevant framework for decision-making under uncertainty in the study of organisations (e.g. Bowman and Moskowitz 2001; Sanchez 2003).”
Market-focused strategic flexibility: Conceptual advances and an integrative model (2003, background): “As various outcomes are revealed, options allow the manager to adjust accordingly (Bowman and Moskowitz 2001).”
Strategic capital investment decision-making: A role for emergent analysis tools?: A study of practice in large UK manufacturing companies (2006, background): “…one hand, it has been suggested that few practitioners understand or use the real options approach (Busby and Pitts, 1997; Howell and Ja¨gle, 1997; Bowman and Moskowitz, 2001), but other studies note that some companies have begun to draw on it in their strategic investment analyses (Coy, 1999;…”