Competitive Strategy: Options and Games

by Lenos Trigeorgis and Benoit Chevalier-Roignant

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0262526719
• ISBN13: 9780262526715
• Release Date: August 2014
• Publisher: MIT Press
• Length: 516 Pages
• Weight: 1.80 lbs.
• Dimensions: 0.9" x 5.8" x 8.9"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher