Chevalier-Roignant, Benoit; Trigeorgis, Lenos - The MIT Press
commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior …, "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 …