Competitive Strategy

Options and Games

Mitarbeit: Dixit, Avinash K.
Versandkostenfrei!
Versandfertig in 1-2 Wochen
34,99 €
inkl. MwSt.
PAYBACK Punkte
17 °P sammeln!
A new paradigm for balancing flexibility and commitment in management strategy through the amalgamation of real options and game theory.Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior, or they can take a wait and see approach to avoid adverse market consequences tomorrow. In Competitive Strategy, Benoît Chevalier-Roignant and Lenos Trigeorgis describe an emerging paradigm that can quantify and balan...