A Real Option and a Game Theoretic Approach to Corporate Investment Strategy under Competition
January 1993
Article
pp 241-250.
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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
Automatically Extracted Terms
- value
- project
- market
- investment
- option
- competitor
- strategy
- opportunity
- market demand
- inflow
- competition
- opportunity cost
- follow-up project
- demand
- cash inflows
- example
- cash inflow
- investment strategy
- investment opportunity
- timing