Examlex
The following are all examples of real options that are discussed in the text: (1)protection options, (2)flexibility options, (3)timing options,and (4)abandonment options.
Historical Time
The specific period in history during which events occur, shaping the context and understanding of those events.
Social Construction
An idea that is built on shared perceptions, not on objective reality.
Exosystem
Refers to the layer of a person's environment that indirectly affects them, part of Bronfenbrenner's ecological systems theory.
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