A Real Option and a Game Theoretic Approach to Corporate Investment Strategy under Competition
Presents a real options and game-theoretic approach to corporate investment strategy under competition. Analysis of aspects of competition in a microeconomic framework; Forecasting of operating cash inflows based on economic rents or excess profits; Implications of results obtained.
|Keywords||corporate finance, game theory, investments, management|
Smit, J.T.J., & Ankum, L.A.. (1993). A Real Option and a Game Theoretic Approach to Corporate Investment Strategy under Competition. FM journal of the Financial Management Association, 241–250. Retrieved from http://hdl.handle.net/1765/12268