Black-Scholes Crisis Development Innovation 
Strategy Driven
MARCH 18, 2011
The crisis that started in the housing markets has unearthed a series of cascading consequences that few companies were prepared to handle. How will this economic crisis play out? Martha Rogers, co-founder of Peppers & Rogers Group, says, “This isn’t a financial crisis, but a crisis of trust.” Innovation on a budget.
Harvard Business Review
SEPTEMBER 29, 2014
Consider first the increasing use of auctions, which have a distinguished history in the development of economics. Walker’s innovation was to bind travelers to pay the prices they bid if the airlines and hoteliers on Priceline accepted the offers. Here a few notable examples.
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