Bottom-up design of strategic options as finite automata

Bottom-up design of strategic options as finite automata

0.00 Avg rating0 Votes
Article ID: iaor20106341
Volume: 7
Issue: 4
Start Page Number: 355
End Page Number: 375
Publication Date: Oct 2010
Journal: Computational Management Science
Authors:
Keywords: decision
Abstract:

In this paper we look at the problem of strategic decision making. We start by presenting a new formalisation of strategic options as finite automata. Then, we show that these finite automata can be used to develop complex models of interacting options, such as option combinations and product options. Finally, we analyse real option games, presenting an algorithm to generate option games (based on automata).

Reviews

Required fields are marked *. Your email address will not be published.