Investment decisions under hidden competition
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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| Format: | article |
| Language: | eng |
| Published: |
2013
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| Online Access: | http://hdl.handle.net/1822/25929 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/25929 |