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This paper provides an overview of game theory, in particular its applications in finance. Traditional models in which the uninformed agent moves first are examined initially, and this is followed by an examination of models in which the informed agent moves first. Some of the equilibrium...
Persistent link: https://www.econbiz.de/10005764986
This paper provides an introduction to the main questions involved in intrafirm capital allocation decisions and briefly reviews the three remaining papers in the Corporate Investments Special Issue of Financial Management, as well as some related literature. The focus is on the effect that...
Persistent link: https://www.econbiz.de/10005765079