arrow
Return

Developing real option game models

delete2014-09-01
delete91
delete
OA
AI
A
Alcino Azevedo *
D
Dean Paxson
DOI:10.1016/j.ejor.2014.02.002delete
deleteOriginal
deleteShare
deleteSave
View PDF
Abstract

Abstract

En 中文
By mixing concepts from both game theoretic analysis and real options theory, an investment decision in a competitive market can be seen as a game between firms, as firms implicitly take into account other firms' reactions to their own investment actions. We review two decades of real option game models, suggesting which critical problems have been solved by considering game theory, and which significant problems have not been yet adequately addressed. We provide some insights on the plausible empirical applications, or shortfalls in applications to date, and suggest some promising avenues for future research. (C) 2014 Elsevier B.V. All rights reserved.
Keywords:
Finance
Real option games
Investment analysis
Strategic investment
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

European Journal of Operational Research cover
European Journal of Operational Research
IF:
6
Papers:
2.2W
Citations:
6.4W

Organization

U
University of Hull
Scholars:
7.3K
Papers: 7.0K
Citations: 6.8K
U
University of Manchester
Scholars:
5.7W
Papers: 5.3W
Citations: 7.4W
Cited Papers

Cited Papers

Nanoscale binding site localization by molecular distance estimation on native cell surfaces using topological image averaging
err2022-02-24
err0
errOAAI
errVibha Kumra Ahnlide; Johannes Kumra Ahnlide; Sebastian Wrighton; Jason P Beech; Pontus Nordenfelt
errShare
errSave
Effects of Long-Term Acupuncture Treatment on Resting-State Brain Activity in Migraine Patients: A Randomized Controlled Trial on Active Acupoints and Inactive Acupoints
err2014-06-10
err0
errOAAI
errLing Zhao; Jixin Liu; Fuwen Zhang; Xilin Dong; Yulin Peng; Wei Qin; Fumei Wu; Ying Li; Kai Yuan; Karen M. von Deneen; Qiyong Gong; Zili Tang; Fanrong Liang
errShare
errSave
Production of metakaolin from industrial cellulose waste
err2011-09-08
err0
PREAI
errCarolina Resmini Melo; Elidio Angioletto; Humberto Gracher Riella; Michael Peterson; Márcio Roberto Rocha; Aline Resmini Melo; Luciano Silva; Susane Strugale
errShare
errSave
Improving quality of coarse recycled aggregates through cement coating
err2016-09-22
err0
PREAI
errFernando Martirena; Taimí Castaño; Adrian Alujas; Rubén Orozco-Morales; Lesday Martinez; Stefan Linsel
errShare
errSave
researcher View more