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Finding Optimal Opportunities

James O. Fiet ()
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James O. Fiet: University of Louisville

Chapter Chapter 35 in The Theoretical Logic of Strategy, 2025, pp 167-169 from Springer

Abstract: Abstract An optimal opportunity is the most valuable one available at a given search cost. One could conduct a random walk, but the capabilities of searchers vary depending on their prior, specific knowledge.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-79014-0_35

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DOI: 10.1007/978-3-031-79014-0_35

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