Paulo J. Pereira is a Full Professor of Finance at the School of Economics and Management, University of Porto (FEP.UP) and Associate Researcher at the Research Center in Economics and Finance (CEF-UP). Since 2011 he serves as Director of the Master in Finance Program. Paulo has a PhD in Business Administration (field: Finance) from the University of Minho. His research interests regard essentially the theory and practice of Real Options. He has published in the European Financial Management, Journal of Economic Dynamics & Control, European Journal of Finance, Economic Modelling, Economics Letters, Mathematics and Financial Economics, Finance Research Letters, International Journal of Electrical Power & Energy Systems, among others.