Symmetric equilibrium strategies in game theoretic real option models

B-Tier
Journal: Journal of Mathematical Economics
Year: 2012
Volume: 48
Issue: 4
Pages: 219-225

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper considers the problem of investment timing under uncertainty in a duopoly framework. When both firms want to be the first investor a coordination problem arises. Here, a method is proposed to deal with this coordination problem, involving the use of symmetric mixed strategies.

Technical Details

RePEc Handle
repec:eee:mateco:v:48:y:2012:i:4:p:219-225
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25