Optimal investiment decisions for two positioned firms competing in a duopoly market with hidden competitors

This paper extends the literature dealing with the option to invest in a duopoly market for a leader-follower setting. A restrictive assumption embodied in the models in the current literature is that investment opportunities are semi-proprietary in that the two identified or positioned firms are gu...

Full description

Bibliographic Details
Main Author: Armada, Manuel José da Rocha (author)
Other Authors: Kryzanowsk, Lawrence (author), Pereira, Paulo Jorge (author)
Format: article
Language:eng
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/1822/16121
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/16121