Jump to ContentJump to Main Navigation
Competitive StrategyOptions and Games$
Users without a subscription are not able to see the full content.
Competitive Strategy: Options and Games

Benoît Chevalier-Roignant and Lenos Trigeorgis

Print publication date: 2011

Print ISBN-13: 9780262015998

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262015998.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 29 November 2021

An Integrative Approach to Strategy: Option Games

An Integrative Approach to Strategy: Option Games

Chapter:
(p.195) 6 An Integrative Approach to Strategy: Option Games
Source:
Competitive Strategy
Author(s):

Benoît Chevalier-Roignant

Lenos Trigeorgis

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262015998.003.0006

This chapter first discusses how option games can provide useful insights to management faced with conflicting strategic choices. It highlights two issues: optimal investment timing and the trade-off between flexibility and commitment. It then provides a simple illustration to help explain the logic behind option games. Next, it discusses applications to R&D and the mining/chemicals industry.

Keywords:   option games analysis, optimal investment timing, commitment, flexibility, mining industry, chemicals industry

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.