Browsing by Author "Trigeorgis, Lenos"
Now showing items 21-40 of 83
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Article
Greek Sovereign Debt: Addressing Economic Distress and Growth in the Euro Area
Alexakis, Panayiotis; Hardouvelis, Gikas; Paxson, Dean; Sick, Gordon; Trigeorgis, Lenos (2018)This article addresses certain key issues of the Greek sovereign debt crisis and its broader economic distress and growth implications for the Euro Area. It also offers a number of remedies, including growth indexed bonds, ...
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Article
Growth Options and Related Stock Market Anomalies: Profitability, Distress, Lotteryness, and Volatility
Bali, Turan G.; Viva, Luca Del; Lambertides, Neophytos; Trigeorgis, Lenos (2019)We provide new evidence on the economic role of growth options behind the profitability, distress, lotteryness, and volatility anomalies. We use idiosyncratic skewness to measure growth options and estimate expected ...
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Article
An improved binomial lattice method for multi-dimensional options
Gamba, Andrea; Trigeorgis, Lenos (2007)
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Book
Innovation Investment in Two-Stage Games
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (The MIT Press, 2011)This chapter discusses the trade-off between commitment and flexibility in sequential investment settings. The focus is on two-stage competition models where real options analysis tools are combined with industry organization ...
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Book Chapter
An Integrative Approach to Strategy: Option Games
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (The MIT Press., 2011)This chapter first discusses how option games can provide useful insights to management faced with conflicting strategic choices. It highlights two issues: optimal investment timing and the trade-off between flexibility ...
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Book
Is the impact of default risk on stock returns systematic? an option pricing explanation
Charitou, Andreas; Lambertides, Neophytos; Trigeorgis, Lenos (2004)
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Article
It may be cheaper to manufacture at home
Treville, Suzanne de; Trigeorgis, Lenos (2010)
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Book
Leadership and Early-Mover Advantage
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (The MIT Press, 2011)This chapter shows how the pure-strategy Nash equilibria in investment games can exhibit a sequencing of investment timing. The chapter is organized as follows. Section 11.1 discusses the basic deterministic game-theoretic ...
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Article
A Log-Transformed Binomial Numerical Analysis Method for Valuing Complex Multi-Option Investments
Trigeorgis, Lenos (1991)
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Article
Making use of real options simple: An overview and applications in flexible/modular decision making
Trigeorgis, Lenos (2005)
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Article
Managerial discretion in distressed firms
Charitou, Andreas; Lambertides, Neophytos; Trigeorgis, Lenos (2007)This study examines the earnings management behaviour of 455 distressed US firms that filed for bankruptcy during the period 1986-2001. We examine (a) possible earnings management during the years prior to bankruptcy-filing, ...
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Book Chapter
Market Structure Games: Dynamic Approaches
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (2011)This chapter extends the discussion began in Chapter 3 about dynamic models of oligopoly. It discusses two streams of models dealing with multiplayer decision-making in multistage settings. The chapter is organized as ...
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Book Chapter
Market Structure Games: Static Approaches
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (2011)This chapter discusses static market structure games. It begins by describing the benchmark case of a monopolist, developing the basic building blocks for subsequent models. It then introduces static models of duopoly, ...
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Article
A market utility approach to investment valuation
Kasanen, E.; Trigeorgis, Lenos (1994)
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Book
Monopoly: Investment and Expansion Options
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (The MIT Press, 2011)This chapter examines the situation faced by a firm with exclusive access to a market or enjoying insurmountable structural barriers enabling it to ignore strategic interactions by rivals when devising its investment ...
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Article
Multi-stage product development with exploration, value-enhancing, preemptive and innovation options
Koussis, Nicos; Martzoukos, Spiros H.; Trigeorgis, Lenos (2013)
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Article
Multi-stage real options: The cases of information technology infrastructure and international bank expansion
Panayi, S.; Trigeorgis, Lenos (1998)
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Article
Multinationality and firm value: The role of real options awareness
Ioulianou, S.; Trigeorgis, Lenos; Driouchi, T. (2017)
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Article
The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options
Trigeorgis, Lenos (1993)
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Book
Oligopoly: Simultaneous Investment
Chevalier-Roignant, Benoit; Trigeorgis, Lenos (The MIT Press, 2011)This chapter extends the analysis began in Chapter 9 which was about simultaneous investment oligopoly markets. It considers the following industry structures: oligopoly situations where firms add capacity in lump sums