… In the standard real options framework, the holder of the real option is … option premium,
the likelihood for large asset value reversals is remote. Thus, in the traditional real options …

… The mix of games theory with the real options has been a dynamic range of … real option
games under incomplete information with various parameters. In incomplete information games, …

… In the paper, we adopt the real options framework from the … The literature on real options,
or otherwise irreversible investments … Still, the real options literature has paid little attention to …

… This book unifies two major strands of economic theory—real options and games—into a
single, coherent framework, and then shows how these ideas can be applied to the formulation …

… real estate market of Rio de Janeiro, considering the uncertainty in the demand for real estate
… A Real Options Game model was developed. The parameters of the model were estimated …

We study games in which the decision to exercise an option is a signal of private information
to outsiders, whose beliefs affect the utility of the decision-maker. Signaling incentives …

… assertion that a firm’s growth opportunities may be viewed as “real options.” Early milestones
in real options development included Brennan and Schwartz [5], McDonald and Siegel [34]…

Research summary: T his article provides a review of real options theory ( ROT ) in strategic
management research. We review the fundamentals of ROT and provide a taxonomy of this …

… to simultaneous and sequential games of perfect information and avoid games of imperfect
… In the end we settled for using R (https://www.r-project.org). R is an interactive environment …

… new software, the games package, for estimating strategic statistical models in R. In these
… We introduce the basic functionality of the games package, such as how to estimate players’ …