“But in attempting to act ‘intelligently’ we are attempting to secure adaptation, which means foresight, as perfect as possible. (…) In any case we do strive to reduce uncertainty” (Knight, 1921: 238).


Real Option Environmental Uncertainty Transaction Cost Economic Asset Specificity Equity Ownership 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Gabler | GWV Fachverlage GmbH 2009

Authors and Affiliations

  • Franziska König

There are no affiliations available

Personalised recommendations