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English

Paperback • 2014 • 1. edition
By Benoit Chevalier-Roignant, Lenos Trigeorgis
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About the book
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, Ben...Show more
Book details
ISBN
9780262526715
Publisher
MIT Press Ltd
Published year
2014
Language
Edition
1
Original title
Competitive Strategy
Format
Paperback
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