Real options game models of R\&D competition between asymmetric firms with spillovers

DOI10.1007/S10203-016-0176-2zbMATH Open1398.91655OpenAlexW3123709006MaRDI QIDQ524898FDOQ524898

Authors: Chi Man Leung, Yue Kuen Kwok 

Publication date: 27 April 2017

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-016-0176-2

Recommendations

• Algorithmic Applications in Management
• Strategic Delay in a Real Options Model of R&D Competition
• An R\&D investment game under uncertainty in real option analysis
• Sequencing R\&D decisions in a two-period duopoly with spillovers
• Competitive real options under private information

zbMATH Keywords

preemptive equilibriumR\&D spilloversreal options gamestechnological and market uncertainties

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50) Other game-theoretic models (91A40)

Cites Work

• Preemption and Rent Equalization in the Adoption of New Technology
• Strategic Delay in a Real Options Model of R&D Competition
• Real options in strategic investment games between two asymmetric firms
• Spillovers, appropriability, and R\&D
• Irreversible investment and R\&D spillovers in a dynamic duopoly

Cited In (8)

• Algorithmic Applications in Management
• Real options game analysis of sleeping patents
• Valuing multistage investment projects in the pharmaceutical industry
• Effort expenditure for cash flow in a mean-field equilibrium
• A real options game of alliance timing decisions in biopharmaceutical research and development
• R&D COMPETITION IN ALTERNATIVE TECHNOLOGIES : A REAL OPTIONS APPROACH
• Competitive real options under private information
• Patent-investment games under asymmetric information

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