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.

Detalhes bibliográficos
Autor principal: Pereira, Paulo Jorge (author)
Outros Autores: Armada, Manuel José da Rocha (author)
Formato: article
Idioma:eng
Publicado em: 2013
Assuntos:
Texto completo:http://hdl.handle.net/1822/25929
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/25929