Glossary entry

English term or phrase:

outside option

Slovak translation:

najlepšia alternatíva

Added to glossary by igorisko
Oct 24, 2013 11:28
10 yrs ago
English term

outside option

English to Slovak Marketing Retail
As in"Since the negotiation takes place in a Nash bargaining framework and the retailer contracts in this case with the independent firm, the outside option of the retailer, if no agreement is reached with the NB manufacturer, is positive."

and

"The profit he will generate this way will constitute his outside option when he negotiates on NB tariffs with the manufacturer."

Thanx alot.
Proposed translations (Slovak)
4 najlepšia alternatíva

Proposed translations

3 hrs
Selected

najlepšia alternatíva

Na viacerých miestach to definujú ako „the next best alternative", niekde to bolo aj ako workable alternative.

The buyers' and sellers' outside option is defined as their next best alternative, should they choose not to trade with each other.
http://books.google.sk/books?id=bnJFVVIK7UoC&pg=PA132&lpg=PA...

As for the air-travel decision itself, the benefit from the consumer’s “outside option” (the next best alternative) must be considered.
http://www.economics.uci.edu/files/economics/docs/workingpap...

Participační omezení znamená, že očekávaný užitek agenta ze vztahu s principálem, určený tím, jaké úsilí agent vyvine (jeho náklady) a jakou odměnu na základě toho zřejmě získá (jeho výnosy), musí být alespoň takový, jaký nabízí nejlepší alternativa (outside option).
http://cepin.cz/cze/prednaska.php?ID=658

--------------------------------------------------
Note added at 4 hrs (2013-10-24 16:27:45 GMT)
--------------------------------------------------

Kvôli jednoznačnosti prípadne aj „najlepšia alternatívna možnosť“, aj keď z kontextu by aj tá kratšia verzia mala byť dostatočne jednoznačná.
Something went wrong...
4 KudoZ points awarded for this answer.
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search