Transcription of Elevating Repositioning Costs: Strategy Dynamics …
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Elevating Repositioning Costs: Strategy Dynamics …
Copyright 2014 by Anoop R. Menon and Dennis A. Yao Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Elevating Repositioning Costs: Strategy Dynamics and competitive interactions in Grand Strategy Anoop R. Menon Dennis A. Yao Working Paper 14-103 April 17, 2014 Elevating Repositioning Costs: Strategy Dynamics and competitive interactions in Grand Strategy Anoop R. Menon and Dennis A. Yao1 April 17, 2014 Abstract This paper proposes an approach for modeling strategic interactions that incorporates the costs to firms of changing their strategies. The costs associated with Strategy modifications, which we term Repositioning costs, constitute a defining feature of strategic choice which is particularly relevant to interactions involving grand strategies.
Elevating Repositioning Costs: Strategy Dynamics and Competitive Interactions in Grand Strategy Anoop R. Menon and Dennis A. Yao1 April 17, 2014
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