A Real Option and a Game Theoretic Approach to Corporate Investment Strategy under Competition


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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