Real Options Analysis (ROA) has emerged as a critical framework for evaluating investments in renewable energy projects, offering a means to capture the value of managerial flexibility under ...

Emergency management practitioners struggle to justify investments in “contingent capabilities:” backup systems, surge capacity, and strategic reserves that provide value only during disasters.

Real Options Theory provides a rigorous framework for evaluating strategic investments under uncertainty by casting managerial choices as embedded options within projects. It extends traditional ...

Developing countries have recently proved reluctant to participate in sovereign debt moratoria and debt relief initiatives. We argue that debtors' (non-)participation decisions can be understood ...