search query: @author Chung, K. / total: 5
reference: 2 / 5
| Author: | Chung, K. Tsou, C. |
| Title: | Analysis and algorithm for the optimal investment times of new manufacturing technologies in a duopoly |
| Journal: | European Journal of Operational Research
1998 : SEP 16, VOL. 109:3, p. 632-645 |
| Index terms: | MANUFACTURING TECHNOLOGY OPERATIONAL RESEARCH |
| Language: | eng |
| Abstract: | On the basis of a dynamic and non-cooperative game-theoretic model, the optimal timings of investments in new manufacturing technologies (NMT) are analyzed under duopolistic competition. Non-identical incumbents with time-proportional demand always wait for some delay to invest in NMT. The existence of silent timing equilibrium is addressed subsequently. The author shows that cost-reducing NMT diffuse over time within duopoly. |
SCIMA