The dynamics of preemptive and follower investments with overlapping ownership

DOI10.1016/J.JEDC.2021.104175zbMath1475.91398OpenAlexW3176176997MaRDI QIDQ2246628

Dimitrios Zormpas, Richard Ruble

Publication date: 16 November 2021

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2021.104175

zbMATH Keywords

real optionsdynamic competitioncommon ownership

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

Cites Work

• Developing real option game models
• Symmetric equilibrium strategies in game theoretic real option models
• Passive cross holding as a strategic entry deterrence
• Overlapping ownership, endogenous quality, and welfare
• Free entry under common ownership
• Subgame-perfect equilibria in stochastic timing games
• Preemption and Rent Equalization in the Adoption of New Technology

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