This article aims to analyze the strategic decision about firms location choice faced with the uncertainty surrounding …, the greater the uncertainty, the greater the likelihood that firms will move …

>Lexicographic Probabilities and Choice Under Uncertainty <i>(Lawrence Blume, Adam Brandenburger, and Eddie Dekel)</i></li> <li>Admissibility in …

This paper examines the effect of uncertainty on investment timing in a game theoretical real option model. We extend … is also influenced by the actions of a second player. The results show that a U-shaped investment-uncertainty … of uncertainty on the associated first-mover advantage becomes ambiguous, too. …

This paper examines the effect of uncertainty on investment timing in a game theoretic real option model. We extend the … settings of the related recent literature on investment timing under uncertainty by a more general assumption, i.e. the … investment is also influenced by the actions of a second player. The results show that a U-shaped investment–uncertainty …

stability in the market. All models, however, have error in them, and here we account for model uncertainty (aka, ambiguity …