Han T. J. Smit

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Playing at Acquisitions: Behavioral Option Games

by Han T. J. Smit & Thras Moraitis

It 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,...


Strategic Investment: Real Options and Games

by Han T. J. Smit & Lenos Trigeorgis

Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decision-making, the gap between the two sides--and between...