Investment timing and learning externalities
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Eric Maskin & John Riley, 2000. "Asymmetric Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(3), pages 413-438.
- Patrick Bolton & Christopher Harris, 1999. "Strategic Experimentation," Econometrica, Econometric Society, vol. 67(2), pages 349-374, March.
- Lambrecht, Bart & Perraudin, William, 2003. "Real options and preemption under incomplete information," Journal of Economic Dynamics and Control, Elsevier, vol. 27(4), pages 619-643, February.
- Fudenberg, Drew & Tirole, Jean, 1986. "A Theory of Exit in Duopoly," Econometrica, Econometric Society, vol. 54(4), pages 943-960, July.
- Andrew Caplin & John Leahy, 1993. "Sectoral Shocks, Learning, and Aggregate Fluctuations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(4), pages 777-794.
- Maskin, Eric & Tirole, Jean, 2001.
"Markov Perfect Equilibrium: I. Observable Actions,"
Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
- Eric Maskin & Jean Tirole, 1997. "Markov Perfect Equilibrium, I: Observable Actions," Harvard Institute of Economic Research Working Papers 1799, Harvard - Institute of Economic Research.
- Chamley, Christophe & Gale, Douglas, 1994.
"Information Revelation and Strategic Delay in a Model of Investment,"
Econometrica, Econometric Society, vol. 62(5), pages 1065-1085, September.
- Gale, D. & Chamley, C., 1992. "Information Revelation and Strategic Delay in a Model of Investment," Papers 10, Boston University - Department of Economics.
- Kenneth Hendricks & Dan Kovenock, 1989. "Asymmetric Information, Information Externalities, and Efficiency: The Case of Oil Exploration," RAND Journal of Economics, The RAND Corporation, vol. 20(2), pages 164-182, Summer.
- Rafael Rob, 1991. "Learning and Capacity Expansion under Demand Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 655-675.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dirk Bergemann & Juuso Välimäki, 2000.
"Experimentation in Markets,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(2), pages 213-234.
- Dirk Bergemann & Juuso Valimaki, 1996. "Experimentation in Markets," Discussion Papers 1220, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Dirk Bergemann & Juuso Valimaki, 1999. "Experimentation in Markets," Cowles Foundation Discussion Papers 1214, Cowles Foundation for Research in Economics, Yale University.
- Godfrey Keller & Sven Rady, 1998.
"Market Experimentation in a Dynamic Differentiated-Goods Duopoly,"
Game Theory and Information
9810001, University Library of Munich, Germany, revised 20 Aug 1999.
- Godfrey Keller & Sven Rady, 1999. "Market Experimentation in a Dynamic Differentiated-Goods Duopoly," STICERD - Theoretical Economics Paper Series 369, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Keller, Godfrey & Rady, Sven, 1999. "Market experimentation in a dynamic differentiated-goods duopoly," LSE Research Online Documents on Economics 19346, London School of Economics and Political Science, LSE Library.
- Gale, Douglas, 1996. "What have we learned from social learning?," European Economic Review, Elsevier, vol. 40(3-5), pages 617-628, April.
- Matthew Doyle, 2010.
"Informational externalities, strategic delay, and optimal investment subsidies,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(3), pages 941-966, August.
- Matthew Doyle, 2010. "Informational externalities, strategic delay, and optimal investment subsidies," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 941-966, August.
- Doyle, Matthew, 2002. "Informational Externalities, Strategic Delay, and the Search for Optimal Policy," Staff General Research Papers Archive 10046, Iowa State University, Department of Economics.
- Moretto, Michele, 2000. "Irreversible investment with uncertainty and strategic behavior," Economic Modelling, Elsevier, vol. 17(4), pages 589-617, December.
- Daron Acemoglu & Kostas Bimpikis & Asuman Ozdaglar, 2011.
"Experimentation, Patents, and Innovation,"
American Economic Journal: Microeconomics, American Economic Association, vol. 3(1), pages 37-77, February.
- Daron Acemoglu & Kostas Bimpikis & Asuman Ozdaglar, 2008. "Experimentation, Patents, and Innovation," NBER Working Papers 14408, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Kostas Bimpikis & Asuman E. Ozdaglar, 2009. "Experimentation, Patents, and Innovation," Levine's Working Paper Archive 814577000000000081, David K. Levine.
- Caplin, Andrew & Leahy, John, 2000.
"Mass layoffs and unemployment,"
Journal of Monetary Economics, Elsevier, vol. 46(1), pages 121-142, August.
- Caplin, A. & Leahy, J., 1993. "Mass Layoffs and Unemployment," Harvard Institute of Economic Research Working Papers 1666, Harvard - Institute of Economic Research.
- Andrew Caplin & John Leahy, 1994. "Mass Layoffs and Unemployment," NBER Working Papers 4766, National Bureau of Economic Research, Inc.
- Guiso, Luigi & Schivardi, Fabiano, 1999.
"Information Spillover and Factor Adjustment,"
CEPR Discussion Papers
2289, C.E.P.R. Discussion Papers.
- Luigi Guiso & Fabiano Schivardi, 2000. "Information Spillovers and Factor Adjustment," Temi di discussione (Economic working papers) 368, Bank of Italy, Economic Research and International Relations Area.
- Guiso, L. & Schivardi, F., 2000. "Information Spillovers and Factor Adjustment," Papers 368, Banca Italia - Servizio di Studi.
- David P. Myatt, 2005. "Instant Exit from the Asymmetric War of Attrition," Economics Series Working Papers 160, University of Oxford, Department of Economics.
- Fishman, Arthur & Rob, Rafael, 1998.
"Experimentation and Competition,"
Journal of Economic Theory, Elsevier, vol. 78(2), pages 299-320, February.
- Arthur Fishman & Rafael Rob, "undated". ""Experimentation and Competition''," CARESS Working Papres 97-12, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Arthur Fishman & Rafael Rob, "undated". "Experimentation and Competition," Penn CARESS Working Papers b530e9a0ad08e45aeff62efaf, Penn Economics Department.
- Cao, H. Henry & Han, Bing & Hirshleifer, David, 2011.
"Taking the road less traveled by: Does conversation eradicate pernicious cascades?,"
Journal of Economic Theory, Elsevier, vol. 146(4), pages 1418-1436, July.
- Henry Cao & David Hirshleifer, 2004. "Taking the Road Less Traveled: Does Conversation Eradicate Pernicious Cascades?," Game Theory and Information 0412001, University Library of Munich, Germany.
- Chia‐Hui Chen & Junichiro Ishida, 2021.
"A War of Attrition with Experimenting Players,"
Journal of Industrial Economics, Wiley Blackwell, vol. 69(2), pages 239-269, June.
- Chia-Hui Chen & Junichiro Ishida, 2017. "A War of Attrition with Experimenting Players," ISER Discussion Paper 1014, Institute of Social and Economic Research, Osaka University.
- Adam Copeland, 2007.
"Learning Dynamics with Private and Public Signals,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(3), pages 523-538, June.
- Adam Copeland, 2004. "Learning dynamics with private and public signals," Finance and Economics Discussion Series 2004-67, Board of Governors of the Federal Reserve System (U.S.).
- Barbos, Andrei, 2013.
"De-synchronized clocks in preemption games with risky prospects,"
Mathematical Social Sciences, Elsevier, vol. 65(3), pages 203-216.
- Barbos, Andrei, 2012. "De-synchornized Clocks in Preemption Games with Risky Prospects," MPRA Paper 40846, University Library of Munich, Germany.
- Bolton, P. & Harris, C., 1996. "Strategic Experimentation : A Revision," Other publications TiSEM 2cd2755d-6931-488f-948e-5, Tilburg University, School of Economics and Management.
- Bolton, P. & Harris, C., 1996. "Strategic Experimentation : A Revision," Discussion Paper 1996-27, Tilburg University, Center for Economic Research.
- Rose Cunningham, 2004.
"Investment, Private Information and Social Learning: A Case Study of the Semiconductor Industry,"
Macroeconomics
0409021, University Library of Munich, Germany.
- Rose Cunningham, 2004. "Investment, Private Information, and Social Learning: A Case Study of the Semiconductor Industry," Staff Working Papers 04-32, Bank of Canada.
- Horvath, Michael & Schivardi, Fabiano & Woywode, Michael, 2001. "On industry life-cycles: delay, entry, and shakeout in beer brewing," International Journal of Industrial Organization, Elsevier, vol. 19(7), pages 1023-1052, July.
- Moscarini, Giuseppe & Squintani, Francesco, 2010. "Competitive experimentation with private information: The survivor's curse," Journal of Economic Theory, Elsevier, vol. 145(2), pages 639-660, March.
- Dirk Bergemann & Juuso Valimaki, 1996. "Market Experimentation and Pricing," Cowles Foundation Discussion Papers 1122, Cowles Foundation for Research in Economics, Yale University.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:118:y:2004:i:1:p:80-102. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.