Co-development ventures: optimal time of entry and profit-sharing

DOI10.1016/j.jedc.2011.05.001zbMath1282.91367OpenAlexW2090733807MaRDI QIDQ647661

Jakša Cvitanić, Sonja Radas, Hrvoje Šikić

Publication date: 24 November 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.05.001

zbMATH Keywords

joint venturesreal optionscontracts

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70) Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50)

Related Items (3)

Optimal exercise of jointly held real options: a Nash bargaining approach with value diversion ⋮ Optimal patent policy in the presence of vertical separation ⋮ A real options game of alliance timing decisions in biopharmaceutical research and development

Cites Work

• Valuing the option to invest in an incomplete market
• On the investment-uncertainty relationship in a real options model
• Real options with constant relative risk aversion
• Real options and preemption under incomplete information
• Milestone Payments or Royalties? Contract Design for R&D Licensing
• Principal-Agent Problems with Exit Options
• Entrepreneurial Ability, Venture Investments, and Risk Sharing
• The explicit solution to a sequential switching problem with non-smooth data
• Equilibrium in a Reinsurance Market

This page was built for publication: Co-development ventures: optimal time of entry and profit-sharing