Browsing Τμήμα Λογιστικής και Χρηματοοικονομικής / Department of Accounting and Finance by Subject "commitment"
Now showing items 1-2 of 2
-
Book
Competitive Strategy: Options and Games
(The MIT Press, 2011)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 ...
-
Book
Innovation Investment in Two-Stage Games
(The MIT Press, 2011)This chapter discusses the trade-off between commitment and flexibility in sequential investment settings. The focus is on two-stage competition models where real options analysis tools are combined with industry organization ...