The economic life of large investments necessitates constant dynamic managerial actions. To be able to act in an optimal way in the dynamic management of large investments managers need to have constant access to information about the real time situation of the investment, as well as access to...

Real option analysis offers interesting insights on the value of assets and on the profitability of investments, which has made real options a growing field of academic research and practical application. Real option valuation is, however, often found to be difficult to understand and to...