analyticalQ Contact Flexibility Decision Analysis

Table of Contents

1 Introduction
2 Definition of Flexibility
3 Valuing Flexibility
4 Applications of Flexibility
5 Decision Analysis
6 Option Pricing
7 Hybrid Valuation Methods
8 Life Decisions
9 Consumer Decisions
10 Energy Markets
11 Conclusions and Guidelines
Web Resources


Book based on my PhD and subsequent work experience.

Decision Making for Flexibility

by Anne Ku


Chapter 2
Definition of Flexibility

Mandelbaum’s analysis:

  • Ways to increase flexibility
  • Situations when flexibility is useful
  • Situations when flexibility is not useful

Conceptual Development of Flexibility

  • various definitions of flexibility all point to
  • characteristics of flexibility
  • related concepts: robustness, contingency, hedging, commitment, etc.


Copyright Anne Ku 2000