An updated look at the advanced techniques and software applications of real options in an integrated risk analysis paradigm Real Options Analysis, Second Edition provides a user-friendly qualitative description and quantitative step-by-step valuation of real options; why and when they are used; the applicability of these methods in decision-making; as well as multiple business cases and software applications to solving complex options. Fully revised and updated, this Second Edition provides a flexible approach for evaluating and valuing capital investment strategies and includes the software tools necessary for decision-making support. The book includes detailed analytical and software examples, and many other customizable options. Johnathan Mun, PhD (San Francisco, CA), is the CEO of Real Options Valuation, LLC, and a professor at the U.S. Naval Postgraduate School and the University of Applied Sciences (Switzerland)