In this paper a quantity-setting duopoly is considered where one firm develops a new product which is horizontally differentiated from the existing product. The main question examined is which strategically important effects occur if the decision to develop the innovation and the decision to...

In this paper a quantity-setting duopoly is considered where one firm develops a new product which is horizontally differentiated from the existing product. The main question examined is which strategically important effects occur if the decision to develop the innovation and the decision to...

25 Years Real Options Approach to Investment Valuation: Review and Assessment -- Accounting-based Investment Incentives and Real Options -- The Evaluation of Venture Capital as an Instalment Option: Valuing Real Options Using Real Options -- Strategic Investment under Uncertainty: Merging Real...