This book explains the standard Real Options Analysis (ROA) literature in a straightforward
step by step manner without the use of complex mathematics. A lot of ROA literature is
described through partial differential equations probability density functions and simulation
techniques all of which may be unconvincing in the applicable qualities ROA possesses. Using
this book the reader will have a better grasp about how ROA works and will be able to provide
his or her judgment about ROA since all the basics as well as its positive and negative
qualities are discussed. Real Options Illustrated provides practitioners with a real options
framework and encourages readers to study the methodology using the in-depth explanations. This
introduction to ROA is sufficient to equip readers with ROA basics enabling them to perform
future independent research. From this book readers can judge whether ROA is of any value to
their field.
