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The Resource Competitive strategy : options and games, Benoit Chevalier-Roignant, Lenos Trigeorgis

Competitive strategy : options and games, Benoit Chevalier-Roignant, Lenos Trigeorgis

Label
Competitive strategy : options and games
Title
Competitive strategy
Title remainder
options and games
Statement of responsibility
Benoit Chevalier-Roignant, Lenos Trigeorgis
Creator
Contributor
Author
Subject
Language
eng
Summary
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, Benoit Chevalier-Roignant and Lenos Trigeorgis describe an emerging paradigm that can quantify and balance commitment and flexibility, "option games, " by which the decision-making approaches of real options and game theory can be combined. The authors first discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, bringing important materials and ideas together into a unified framework. They then present the new approach in discrete time and later in continuous time, beginning with the building blocks of the basic ideas and tools and culminating in richer theoretical analyses. Their presentation of continuous-time option games is the first systematic coverage of the topic and fills a significant gap in the existing literature. Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to readers not necessarily expert in the various fields involved. The book will be of interest to scholars, students, and academically trained practicing managers interested in applying these ideas --
Assigning source
Provided by Publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1983-
http://library.link/vocab/creatorName
Chevalier-Roignant, Benoît
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Trigeorgis, Lenos
http://library.link/vocab/subjectName
  • Options (Finance)
  • Investment analysis
  • Game theory
Label
Competitive strategy : options and games, Benoit Chevalier-Roignant, Lenos Trigeorgis
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [461]-472) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Strategy, games, and options -- The strategy challenge -- Strategic management and competitive advantage -- Market structure games : static approaches -- Market structure games : dynamic approaches -- Uncertainty, flexibility, and real options -- Option games : discrete-time analysis -- An integrated approach to strategy : option games -- Option to invest -- Innovation investment in two-stage games -- Option games : continuous-time models -- Investment and expansion options : monopoly -- Oligopoly : simultaneous investment -- Leadership and early-mover advantage -- Preemption vs. cooperation in a duopoly -- Extensions and other applications
Control code
FIEb17499926
Dimensions
24 cm.
Extent
xxvii, 488 pages
Isbn
9780262015998
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)695560163
Label
Competitive strategy : options and games, Benoit Chevalier-Roignant, Lenos Trigeorgis
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [461]-472) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Strategy, games, and options -- The strategy challenge -- Strategic management and competitive advantage -- Market structure games : static approaches -- Market structure games : dynamic approaches -- Uncertainty, flexibility, and real options -- Option games : discrete-time analysis -- An integrated approach to strategy : option games -- Option to invest -- Innovation investment in two-stage games -- Option games : continuous-time models -- Investment and expansion options : monopoly -- Oligopoly : simultaneous investment -- Leadership and early-mover advantage -- Preemption vs. cooperation in a duopoly -- Extensions and other applications
Control code
FIEb17499926
Dimensions
24 cm.
Extent
xxvii, 488 pages
Isbn
9780262015998
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)695560163

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