Real Options for Playstation

Real Options for Playstation PDF Author: Giampiero Favato
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

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Book Description
In 1973, Black, Scholes and Merton published two path-breaking papers on rational pricing of financial options, the right, but not the obligation, to buy or sell a stock in the future at a given price. This new approach to the evaluation of financial projects vividly inspired the academic community: over eleven thousands papers have been published on Real Options so far. Yet, thirty-five years after the publication of the first paper, Real Options have penetrated the decision-making processes of large corporations very slowly.Although the general concept of real options is clear, their specific benefits for individual investment decisions are not. Options are still an obscure mathematical tool and the partial differential equation at the core of the option pricing model leaves management with a blank face. The complexity of the stochastic calculus is preventing practitioners from seeing the new decision space created by Real Options and from moving inside this space at ease.This paper reviews the entire development of Real Options research, taking a completely new direction inspired by the unique goal of achieving relevance in management's eyes. The graphical representation of the Ito's lemma, the partial differential equation central to the Black and Scholes pricing model, would help practitioners to visually capture the essence of Real Option thinking.How different would the development of real Options have been if it had originally been designed as a video game?

Real Options for Playstation

Real Options for Playstation PDF Author: Giampiero Favato
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

Get Book Here

Book Description
In 1973, Black, Scholes and Merton published two path-breaking papers on rational pricing of financial options, the right, but not the obligation, to buy or sell a stock in the future at a given price. This new approach to the evaluation of financial projects vividly inspired the academic community: over eleven thousands papers have been published on Real Options so far. Yet, thirty-five years after the publication of the first paper, Real Options have penetrated the decision-making processes of large corporations very slowly.Although the general concept of real options is clear, their specific benefits for individual investment decisions are not. Options are still an obscure mathematical tool and the partial differential equation at the core of the option pricing model leaves management with a blank face. The complexity of the stochastic calculus is preventing practitioners from seeing the new decision space created by Real Options and from moving inside this space at ease.This paper reviews the entire development of Real Options research, taking a completely new direction inspired by the unique goal of achieving relevance in management's eyes. The graphical representation of the Ito's lemma, the partial differential equation central to the Black and Scholes pricing model, would help practitioners to visually capture the essence of Real Option thinking.How different would the development of real Options have been if it had originally been designed as a video game?

Corporate Finance Decisions in Volatile Economic Times

Corporate Finance Decisions in Volatile Economic Times PDF Author: Giampiero Favato
Publisher: iUniverse
ISBN: 0595524133
Category : Business & Economics
Languages : en
Pages : 118

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Book Description
Troubled economic times are putting an extraordinary pressure on corporate managers, who have to make investment decisions under unprecedented uncertainty and risk. The aim of this book is to help managers to reflect upon the critical assumptions underlying the most relevant tools for valuation of corporate investments under uncertainty. It offers a wide range of working papers, journal articles and case studies which are the fruit of our recent experience in teaching, consulting and research. This book is ideally suited to both managers and MBA students who seek to improve their critical ability to make value decisions based on an array of relevant investment valuation tools.

The Minds Behind PlayStation Games

The Minds Behind PlayStation Games PDF Author: Patrick Hickey, Jr.
Publisher: McFarland
ISBN: 1476645833
Category : Games & Activities
Languages : en
Pages : 292

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Book Description
Featuring interviews with the creators of 43 popular video games--including Spyro the Dragon, Syphon Filter, NFL GameDay 98 and Final Fantasy VII--this book gives a behind-the-scenes look at some of the most influential (and sometimes forgotten) titles of the original PlayStation era. Interviewees recall the painstaking development, challenges of working with mega publishers and uncertainties of public reception, and discuss the creative processes that produced some of gaming's all-time classics.

The Unofficial PlayStation Handbook

The Unofficial PlayStation Handbook PDF Author: Katie Morris
Publisher: GadChick Books
ISBN: 1629174076
Category : Games & Activities
Languages : en
Pages : 227

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Book Description
If you are new to the PlayStation console or just want to learn more, this is an essential guide for you. With chapters covering PS3, PS4, and PlayStation TV this guide covers every aspect of PlayStation you can think of! This book is a bundle of three books. Each section can also be purchased individually. Please note, this book is neither written or endorsed by Sony and should be considered unofficial.

Playstation 4: What we know Thus Far

Playstation 4: What we know Thus Far PDF Author:
Publisher: Wayne Dixon
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
Read some in-depth information about the Playstation 4. This text goes from the platform shift, to the Dualshock 4, Playstation 4 Eye. This books also covers the games that have been shown off and some future possibilities for the Playstation 4 platform. Version 1.3 includes additional social features, PlayStation Plus pricing, availability date, memory dispersion, additional sharing options, and PlayStation Vita TV. Version 1.4 includes additional information surrounding the DualShock 4, Party Chat and Real Names on the PlayStation Network, Day-one Firmware update requirements, Cross-generation upgrades, digital games and other PlayStation 4's, and a new section on the limitations of Bluetooth in the PlayStation 4. Version 1.5 includes additional information regarding limitations with the PlayStation 4 at launch, DLNA, DualShock 4 details, Headset limitations, Graphics information, rental games, Hard drive dimensions, and clarified dedicated port for PlayStation Camera.

Regulating Technologies

Regulating Technologies PDF Author: Roger Brownsword
Publisher: Bloomsbury Publishing
ISBN: 1847314643
Category : Law
Languages : en
Pages : 404

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Book Description
While it is a truism that emerging technologies present both opportunities for and challenges to their host communities, the legal community has only recently begun to consider their significance. On the one hand, emerging information, bio, nano, and neurotechnologies challenge policy-makers who aspire to put in place a regulatory environment that is legitimate, effective, and sustainable; on the other hand, these same technologies offer new opportunities as potentially powerful regulatory instruments. In this unique volume, a team of leading international scholars address many of the key difficulties surrounding the regulation of emerging technological targets as well as the implications of adopting technology as a regulatory tool. How should we rise to the challenge of regulating technologies? How are the regulatory lines to be drawn in the right places and how is the public to be properly engaged? How is precaution to be accommodated, and how can the law keep pace with technologies that develop ahead of the regulatory environment? How readily should we avail ourselves of the opportunity to use technology as a regulative strategy? How are we to understand these strategies and the challenges which they raise? To what extent do they give rise to similar policy problems accompanying more 'traditional' regulatory instruments or generate distinctive challenges? While the criminal justice system increasingly relies on technological assistance and the development of a 'surveillance society', is a regulatory regime that rules by technology compatible with rule of law values?

EuSEC 2000

EuSEC 2000 PDF Author: Herbert Negele
Publisher: Herbert Utz Verlag
ISBN: 9783896759351
Category : Systems engineering
Languages : en
Pages : 396

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Book Description


Professionalism in the Information and Communication Technology Industry

Professionalism in the Information and Communication Technology Industry PDF Author: John Weckert
Publisher: ANU E Press
ISBN: 1922144444
Category : Computers
Languages : en
Pages : 380

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Book Description
Professionalism is arguably more important in some occupations than in others. It is vital in some because of the life and death decisions that must be made, for example in medicine. In others the rapidly changing nature of the occupation makes efficient regulation difficult and so the professional behaviour of the practitioners is central to the good functioning of that occupation. The core idea behind this book is that Information and Communication Technology (ICT) is changing so quickly that professional behaviour of its practitioners is vital because regulation will always lag behind.

The Strategy Paradox

The Strategy Paradox PDF Author: Michael E. Raynor
Publisher: Crown Currency
ISBN: 038552191X
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
A compelling vision. Bold leadership. Decisive action. Unfortunately, these prerequisites of success are almost always the ingredients of failure, too. In fact, most managers seeking to maximize their chances for glory are often unwittingly setting themselves up for ruin. The sad truth is that most companies have left their futures almost entirely to chance, and don’t even realize it. The reason? Managers feel they must make choices with far-reaching consequences today, but must base those choices on assumptions about a future they cannot predict. It is this collision between commitment and uncertainty that creates THE STRATEGY PARADOX. This paradox sets up a ubiquitous but little-understood tradeoff. Because managers feel they must base their strategies on assumptions about an unknown future, the more ambitious of them hope their guesses will be right – or that they can somehow adapt to the turbulence that will arise. In fact, only a small number of lucky daredevils prosper, while many more unfortunate, but no less capable managers find themselves at the helms of sinking ships. Realizing this, even if only intuitively, most managers shy away from the bold commitments that success seems to demand, choosing instead timid, unremarkable strategies, sacrificing any chance at greatness for a better chance at mere survival. Michael E. Raynor, coauthor of the bestselling The Innovator's Solution, explains how leaders can break this tradeoff and achieve results historically reserved for the fortunate few even as they reduce the risks they must accept in the pursuit of success. In the cutthroat world of competitive strategy, this is as close as you can come to getting something for nothing. Drawing on leading-edge scholarship and extensive original research, Raynor’s revolutionary principle of Requisite Uncertainty yields a clutch of critical, counter-intuitive findings. Among them: -- The Board should not evaluate the CEO based on the company’s performance, but instead on the firm’s strategic risk profile -- The CEO should not drive results, but manage uncertainty -- Business unit leaders should not focus on execution, but on making strategic choices -- Line managers should not worry about strategic risk, but devote themselves to delivering on commitments With detailed case studies of success and failure at Sony, Microsoft, Vivendi Universal, Johnson & Johnson, AT&T and other major companies in industries from financial services to energy, Raynor presents a concrete framework for strategic action that allows companies to seize today’s opportunities while simultaneously preparing for tomorrow’s promise.

Management and Leadership in the 4th Industrial Revolution

Management and Leadership in the 4th Industrial Revolution PDF Author: Stephen Wyatt
Publisher: Kogan Page Publishers
ISBN: 1789666813
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
LONGLISTED: CMI Management Book of the Year 2021 The business world is currently experiencing fundamental disruption, in part driven by the technology enabled Fourth Industrial Revolution. Corporate value is created and lost in breathtakingly short periods, and the rise of 'unicorns' against the demise of once-venerated organizations has shown that how firms compete has changed. Management and Leadership in the 4th Industrial Revolution presents a framework for managing and winning in the new accelerated world of business, focusing on the key capabilities organizations now need to achieve competitively superior performance. Building on the 'dynamic capabilities' approach already familiar to strategists and based around his own research, Stephen Wyatt shows how executives can assess the dynamic capacity of their organization - a leading indicator of future performance in comparison to their industry peers. Written in an accessible style with best practice examples from companies and quotes from executives to support each insight, this book includes a self-assessment questionnaire to measure the dynamic capacity of your organization and advice on how to strengthen areas of relative weakness. Management and Leadership in the 4th Industrial Revolution offers timely insights on driving innovation and emphasizes the importance of long-term strategy, change management and new models of dynamic leadership.