Real options in an asymmetric duopoly: Who benefits from your competitive disadvantage?
This paper analyzes the impact of investment cost asymmetry on the optimal real option
exercise strategies and the value of firms in duopoly. Both firms have an opportunity to invest …
exercise strategies and the value of firms in duopoly. Both firms have an opportunity to invest …
[图书][B] Technology investment: A game theoretic real options approach
KJM Huisman - 2013 - books.google.com
This chapter is organized as follows. The economic problem on which this book focuses is
motivated in Section 1. The two tools used to study this economic problem, which are real …
motivated in Section 1. The two tools used to study this economic problem, which are real …
Strategic technology adoption taking into account future technological improvements: A real options approach
KJM Huisman, PM Kort - European Journal of Operational Research, 2004 - Elsevier
This paper studies a dynamic duopoly in which firms compete in the adoption of new
technologies. The innovation process is exogenous to the firms. It is assumed that there are …
technologies. The innovation process is exogenous to the firms. It is assumed that there are …
Infrastructure investment as a real options game: The case of European airport expansion
HTJ Smit - Financial Management, 2003 - JSTOR
This article analyzes the optional and strategic features of infrastructure investment.
Infrastructure investments generate other investment opportunities, and in so doing change …
Infrastructure investments generate other investment opportunities, and in so doing change …
Investment, uncertainty and pre-emption
This paper examines irreversible investment in a project with uncertain returns, when there
is an advantage to being the first to invest and externalities to investing when others also do …
is an advantage to being the first to invest and externalities to investing when others also do …
Strategic investment under uncertainty: A synthesis
B Chevalier-Roignant, CM Flath… - European Journal of …, 2011 - Elsevier
Investment is a central theme in economics, finance, and operational research. Traditionally,
the focus of analysis has been either on assessing the value of flexibility (investment under …
the focus of analysis has been either on assessing the value of flexibility (investment under …
Self-guided mindfulness and cognitive behavioural practices reduce anxiety in autistic adults: A pilot 8-month waitlist-controlled trial of widely available online tools
SB Gaigg, PE Flaxman, G McLaven, R Shah… - …, 2020 - journals.sagepub.com
Anxiety in autism is an important treatment target because of its consequences for quality of
life and well-being. Growing evidence suggests that cognitive behaviour therapies and …
life and well-being. Growing evidence suggests that cognitive behaviour therapies and …
Real options and games: Competition, alliances and other applications of valuation and strategy
HTJ Smit, L Trigeorgis - Review of financial economics, 2006 - Elsevier
This paper illustrates the use of real options valuation and game theory principles to analyze
prototypical investment opportunities involving important competitive/strategic decisions …
prototypical investment opportunities involving important competitive/strategic decisions …
Symmetric equilibrium strategies in game theoretic real option models
This paper considers the problem of investment timing under uncertainty in a duopoly
framework. When both firms want to be the first investor a coordination problem arises. Here …
framework. When both firms want to be the first investor a coordination problem arises. Here …
R&D investments with competitive interactions
KR Miltersen, ES Schwart - Review of Finance, 2004 - academic.oup.com
In this article we develop a model to analyze patent-protected R&D investment projects
when there is (imperfect) competition in the development and marketing of the resulting …
when there is (imperfect) competition in the development and marketing of the resulting …