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| Tekijä: | Huisman, K.J.M. (et al.) |
| Otsikko: | Strategic investment under uncertainty: Merging real options with game theory |
| Lehti: | Zeitschrift für Betriebswirtschaft
2004 : VOL. 74:3, Ergänzungsheft, p. 97-123 |
| Asiasana: | strategy investment uncertainty game theory models |
| Kieli: | eng |
| Tiivistelmä: | The analysis of the effect of uncertainty is underdeveloped. This paper shows how the theory of strategic real option is able to fill this gap. Symmetric mixed strategies are used to analyze standard models. Extensions regarding asymmetry, technology adoption and decreasing uncertainty over time are presented. |
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