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TitleInvestment decisions under hidden competition
Author(s)Pereira, Paulo Jorge
Armada, Manuel José da Rocha
KeywordsHidden competition
Real options
Issue date2013
JournalEconomics letters
Abstract(s)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.
Publisher version
AccessRestricted access (UMinho)
Appears in Collections:NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica

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