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Symmetric Equilibrium Strategies in Game Theoretical Real Option Models

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Listed:
  • Thijssen, J.J.J.

    (Tilburg University, School of Economics and Management)

  • Huisman, K.J.M.

    (Tilburg University, School of Economics and Management)

  • Kort, P.M.

    (Tilburg University, School of Economics and Management)

Abstract

This paper considers the problem of investment timing under uncertainty in a duopoly framework. When both firms want to be the first investor a coordination problem arises. Here, a method is proposed to deal with this coordination problem, involving the use of symmetric mixed strategies.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Thijssen, J.J.J. & Huisman, K.J.M. & Kort, P.M., 2002. "Symmetric Equilibrium Strategies in Game Theoretical Real Option Models," Other publications TiSEM 1836bd01-0eb5-4163-8929-c, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:1836bd01-0eb5-4163-8929-c4771fe3f1f7
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    References listed on IDEAS

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