By mixing concepts from both game theoretic analysis and real options theory, an
investment decision in a competitive market can be seen as a “game” between firms, as …

From the publisher. Corporate managers who face both strategic uncertainty and market
uncertainty confront a classic trade-off between commitment and flexibility. They can stake a …

The mix of games theory with the real options has been a dynamic range of exploration in
the most recent decade. The engaging quality of the specialists for displaying aggressive …

The combination of game theoretic analysis with the real options theory has been an active
area of research in the last decade. Game theory has been focus of great attention in the …

We examine the possibilities of premature and postponed replacement in a deterministic
infinite horizon model when there is technological progress. Both revenue and operating …

The real options approach has been supporting investment decision-making processes for
years. However, on competitive markets, the real options games approach is the more …

I revisit the post-Chicago approach to antitrust issues examining markets whose structure is
endogenous. The usual analysis of oligopolies with strategic interactions and an exogenous …

We demonstrate that the price-quantity correlation, a factor so far neglected, is relevant for
wind energy developers when selecting the investment location. Using an intraday dataset …

Drawing from Schumpeter's ideas on innovation, we investigate its coevolutionary nature.
We find that Schumpeterian forces of “creative destruction” and “creative accumulation” do …

We show that wind energy power developers should consider the correlation between the
electricity market price (Price) and the energy produced (Quantity) of a wind farm when …