Publication
Investment decisions under hidden competition
| Summary: | We present a model adequate for investment decisions in duopolies under total hidden competition. In this competitive context all potential entrants remain unrevealed until they decide to move into the market. The value-functions and the optimal entry thresholds are derived. |
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| Main Authors: | Pereira, Paulo Jorge |
| Other Authors: | Armada, Manuel José da Rocha |
| Subject: | Hidden competition Duopolies Real options |
| Year: | 2013 |
| Country: | Portugal |
| Document type: | article |
| Access type: | restricted access |
| Associated institution: | Universidade do Minho |
| Language: | English |
| Origin: | RepositóriUM - Universidade do Minho |
| Summary: | We present a model adequate for investment decisions in duopolies under total hidden competition. In this competitive context all potential entrants remain unrevealed until they decide to move into the market. The value-functions and the optimal entry thresholds are derived. |
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