|
![]() |
|||
|
||||
OverviewThe technology investment decision of an individual firm has become a very complex matter. One reason is the rapid progress of technological developments, another is the existence of and movement towards oligopolistic markets. In this book, several theoretical and technology investment models of the firm are developed and analyzed. To solve these models real options theory and game theory is used. The real options theory makes it possible to explicitly take into account (and value) the option value of waiting. Game theory is used to incorporate strategic interactions. This book extends the already existing real options models by the introduction of game theory. The game theory, or more specifically, the theory of timing games, is extended by the inclusion of stochastics. Full Product DetailsAuthor: Kuno J.M. HuismanPublisher: Springer Imprint: Springer Edition: 2002 ed. Volume: 28 Dimensions: Width: 15.60cm , Height: 1.70cm , Length: 23.40cm Weight: 1.250kg ISBN: 9780792374879ISBN 10: 0792374878 Pages: 262 Publication Date: 30 November 2001 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1. Introduction.- I Decision Theoretic Models.- 2. Constant Investment Cost.- 3. Decreasing Investment Cost.- II Game Theoretic Adoption Models.- 4. One New Technology.- 5. Two New Technologies.- 6. Multiple New Technologies.- III Game Theoretic Real Option Models.- 7. One New Technology and Symmetric Firms.- 8. One New Technology and Asymmetric Firms.- 9. Two New Technologies.- Author Index.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |