Investment Opportunity and Investment Value under Symmetrical Duopoly Option Games

被引：0
|
作者：
Fang, Hao-wen [1 ]
机构：
[1] Shenzhen Polytech, Sch Econ, Shenzhen, Peoples R China
来源：
2018 INTERNATIONAL CONFERENCE ON COMPUTER, COMMUNICATION AND NETWORK TECHNOLOGY (CCNT 2018) | 2018年 / 291卷
关键词：
Dual oligopoly option game; Investment timing; Investment value;
D O I：
暂无
中图分类号：
TP301 [理论、方法];
学科分类号：
081202 ;
摘要：
This paper considers that two companies in the dual oligopoly market already exist in the market, and the two companies have the same project investment opportunities in the case of how to make investment decisions. Based on the model of Huisman and Kort, we considered that followers obtained discounted cash flow over a certain period of time. Leaders obtained monopoly profits, applied traditional methods of contingent claims analysis, and studied the investment value function and investment criticality of the follower and the leader.
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页码：598 / 604
页数：7
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