PelatihA party’s best alternative to a negotiated agreement is what it will do if this negotiation fails: another venue, broker or vendor, building the capability itself, or doing without. Its reservation value is the value of that alternative: the worst terms it should accept.
Quantitative Finance · Glosarium
Apa itu Best alternative to a negotiated agreement, reservation value?
Dikenal juga sebagai: best alternative to a negotiated agreement · reservation value