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The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV …. -- American Exchange options ; game theory ; Montecarlo simulation ; R&D ; information revelation …
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Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users face positive externalities in consumption. Consumers' expectations are...
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vorliegende Arbeit nimmt sich dieser Beziehung zwischen Umweltpolitik und Innovation an. Im Theoriemodell der neoklassischen … Beziehung zwischen Umweltpolitik und Innovation grundsätzlich in Frage zu stellen. …
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