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

DOI10.1007/S10203-016-0176-2MaRDI QIDQ524898zbMATH OpenOpenAlexFDO

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

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)

Recommendations

• Algorithmic Applications in Management
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Cites work

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

Cited in

(8)

• Real options game analysis of sleeping patents
• Algorithmic Applications in Management
• 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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