000			05400nam a22009975i 4500
001			207209
003			IT-RoAPU
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007			cr || ||||||||
008			210830t20152015nju fo d z eng d
020			_a9780691140001 _qprint
020			_a9781400852178 _qPDF
024	7		_a10.1515/9781400852178 _2doi
035			_a(DE-B1597)9781400852178
035			_a(DE-B1597)459867
035			_a(OCoLC)984688503
040			_aDE-B1597 _beng _cDE-B1597 _erda
050		4	_aHD2746.5 _b.S644 2017
072		7	_aBUS015000 _2bisacsh
082	0	4	_a658.162 _223
084			_aonline - DeGruyter
100	1		_aSmit, Han T. J. _eautore
245	1	0	_aPlaying at Acquisitions : _bBehavioral Option Games / _cHan T. J. Smit, Thras Moraitis.
250			_aCourse Book
264		1	_aPrinceton, NJ : _bPrinceton University Press, _c[2015]
264		4	_c©2015
300			_a1 online resource (216 p.) : _b1 halftone. 28 line illus.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0	0	_tFrontmatter -- _tCONTENTS -- _tLIST OF FIGURES -- _tLIST OF TABLES -- _tPREFACE -- _tCHAPTER 1. LEARNING TO SEE, TO ADAPT TO, AND TO VALUE UNCERTAINTY -- _tPART I. LEARNING TO SEE UNCERTAINTY -- _tCHAPTER 2. HOW TO DE-BIAS VALUATION OVER THE CYCLE -- _tCHAPTER 3. PLAYING AT SERIAL ACQUISITIONS: THE CASE OF VODAFONE -- _tPART II. LEARNING TO ADAPT TO UNCERTAINTY -- _tCHAPTER 4. STRATEGY AS OPTIONS GAMES -- _tCHAPTER 5. DUAL REAL OPTIONS VALUATION: THE XSTRATA CASE -- _tPART III. LEARNING TO VALUE UNCERTAINTY -- _tCHAPTER 6. OPTION GAMES VALUATION -- _tCHAPTER 7. CONCLUSION AND IMPLICATIONS -- _tBIBLIOGRAPHY -- _tINDEX
506	0		_arestricted access _uhttp://purl.org/coar/access_right/c_16ec _fonline access with authorization _2star
520			_aIt is widely accepted that a large proportion of acquisition strategies fail to deliver the expected value. Globalizing markets characterized by growing uncertainty, together with the advent of new competitors, are further complicating the task of valuing acquisitions. Too often, managers rely on flawed valuation models or their intuition and experience when making risky investment decisions, exposing their companies to potentially costly pitfalls. Playing at Acquisitions provides managers with a powerful methodology for designing and executing successful acquisition strategies. The book tackles the myriad executive biases that infect decision making at every stage of the acquisition process, and the inadequacy of current valuation approaches to help mitigate these biases and more realistically represent value in uncertain environments.Bringing together the latest advances in behavioral finance, real option valuation, and game theory, this unique playbook explains how to express acquisition strategies as sets of real options, explicitly introducing uncertainty and future optionality into acquisition strategy design. It shows how to incorporate the competitive dynamics that exist in different acquisition contexts, acknowledge and even embrace uncertainty, identify the value of the real options embedded in targets, and more.Rooted in economic theory and featuring numerous real-world case studies, Playing at Acquisitions will enhance the ability of CEOs and their teams to derive value from their acquisition strategies, and is also an ideal resource for researchers and MBAs.
530			_aIssued also in print.
538			_aMode of access: Internet via World Wide Web.
546			_aIn English.
588	0		_aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650		0	_aConsolidation and merger of corporations.
650		0	_aCorporations _xValuation.
650		7	_aBUSINESS & ECONOMICS / Mergers & Acquisitions. _2bisacsh
653			_aCEOs.
653			_aChris Gent.
653			_aFalconbridge.
653			_aVodafone.
653			_aXstrata.
653			_aacquisition process.
653			_aacquisition strategy.
653			_aacquisition.
653			_aacquisitions.
653			_abehavioral finance.
653			_abidding.
653			_acompany valuation.
653			_acompetitive games.
653			_adeal framing.
653			_adeal markets.
653			_adecision bias.
653			_adecision framework.
653			_adecision making.
653			_aeconomic theory.
653			_aexecutives.
653			_agame theory.
653			_ainvestment.
653			_ainvestments.
653			_amarket value.
653			_aoption bidding.
653			_aoption games.
653			_arational analyses.
653			_areal option theory.
653			_areal option valuation.
653			_areal options theory.
653			_areal options.
653			_astrategic decision making.
653			_auncertainty.
653			_avaluation analysis.
653			_avaluation.
653			_avalue-based framework.
653			_avolatility.
700	1		_aMoraitis, Thras _eautore
850			_aIT-RoAPU
856	4	0	_uhttps://doi.org/10.1515/9781400852178?locatt=mode:legacy
856	4	0	_uhttps://www.degruyter.com/isbn/9781400852178
856	4	2	_3Cover _uhttps://www.degruyter.com/cover/covers/9781400852178.jpg
942			_cEB
999			_c207209 _d207209