Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011092917
This paper considers the problem of investment timing under uncertainty in a duopoly framework.When both firms want to …
Persistent link: https://www.econbiz.de/10011090852
As becomes apparent from the standard text books in industrial organization (cf.Tirole, 1988, The Theory of Industrial Organization), the analysis of the e.ects of uncertainty within this field is yet underdeveloped.This paper shows that the new theory of strategic real options can be used to...
Persistent link: https://www.econbiz.de/10011091572