Narrow search
Showing 1 - 2 of 2
Cover Image
Investment in Oligopoly under Uncertainty : The Accordion Effect
Huisman, Kuno; Kort, Peter; Bouis, R. - Tilburg University, Center for Economic Research - 2006
In the strategic investment under uncertainty literature the trade off between the value of waiting known from single decision maker models and the incentive to preempt competitors is mainly studied in duopoly models.This paper aims at studying competitive investments in new markets where more...
Persistent link: https://www.econbiz.de/10011091736
Cover Image
Strategic Investment Under Uncertainty : Merging Real Options with Game Theory
Huisman, Kuno; Kort, Peter; Pawlina, G.; Thijssen, J.J.J. - Tilburg University, Center for Economic Research - 2003
As becomes apparent from the standard text books in industrial organization (cf.Tirole, 1988, The Theory of Industrial … theory of strategic real options can be used to fill this empty hole .Based on the work by Smets (1991) standard models are …
Persistent link: https://www.econbiz.de/10011091572