... decision analysis course involving subjective probability assessment, decision tree modeling, simulation, real options, and game theory. In the analysis of this case, a student is expected to utilize ideas from all five of these areas. Copyright © 2008 by the University of Virginia Darden School...

... an unsuccessful website and sell the technology; switch the technology if the website is good, expand, buyout. Decision trees and Monte Carlo simulations are used to value these options, which make the opportunity look very attractive. A potential investor in a new online sheet-music business is ready to deny...

... students to have a significant finance background. To help students jumpstart their analyses, the case can be used with an accompanying Excel spreadsheet model (UVA-QA-0727X). mortgage crisis financial crisis simulation risk analysis regression spreadsheet real estate risk shifting leverage...