Real options game models of R\&D competition between asymmetric firms with spillovers

DOI10.1007/S10203-016-0176-2zbMath1398.91655OpenAlexW3123709006MaRDI QIDQ524898

Yue Kuen Kwok, Chi Man Leung

Publication date: 27 April 2017

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-016-0176-2

zbMATH Keywords

R\&D spilloverspreemptive equilibriumreal options gamestechnological and market uncertainties

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Other game-theoretic models (91A40) Corporate finance (dividends, real options, etc.) (91G50)

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Cites Work

• Irreversible investment and R\&D spillovers in a dynamic duopoly
• Spillovers, appropriability, and R\&D
• Real options in strategic investment games between two asymmetric firms
• Preemption and Rent Equalization in the Adoption of New Technology
• Strategic Delay in a Real Options Model of R&D Competition

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