Lumpy Capacity Investment and Disinvestment Dynamics
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Publication:3098312
DOI10.1287/opre.1100.0823zbMath1232.91374OpenAlexW3123813551MaRDI QIDQ3098312
Ulrich Doraszelski, David Besanko, Lauren Xiaoyuan Lu, Mark Allen Satterthwaite
Publication date: 17 November 2011
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://repository.upenn.edu/cgi/viewcontent.cgi?article=1032&context=bepp_papers
capacityMarkov perfect equilibriumindustry evolutiondynamic stochastic gamecapacity coordinationinvestment and disinvestmentpreemption races
Applications of game theory (91A80) Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50)
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