: The Conventional Wisdom in Strategy -- Chapter 4: Strategic Optionality: Introducing the Idea -- Chapter 5: Optionality …This book offers a fresh approach to strategy by examining the idea of Optionality. Optionality is the right, but not …) Robust, and (3) Long-shot (FRL), which alert us to the context-specificity of strategy tools, before suggesting that …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a … singular method. In particular, the results highlight that taking the maximum not only minimizes the risk of underestimation …