Process industries operate in commodity markets with low product variety, little product
differentiation, and highly capital-intensive manufacturing. Because prices are volatile and …

The duration of most collar arrangements provided by governments to encourage early
investment in infrastructure, renewable energy facilities, or other projects with social …

This paper provides a theoretical analysis of trade credit within a real options framework. We
show that under trade credit the buyer delays the decision to stop production, getting closer …

In this paper, we develop a dynamic model to study the entry and the exit decision for a VC
facing the opportunity to invest and expand a start-up firm. Two settings are considered. A …

We study the effects of revenue and investment cost uncertainty, as well non-preemption
duopoly competition, on the timing of investments in two complementary inputs, where either …

Market Power influence on the Suboptimal levels of Investment: Evidence from Ecuador Page
1 X-Pedientes Económicos, Vol. 5 (12), Mayo – Agosto 2021, pp. 6-16 Market Power influence …

We study the changes in the consumers' and producers' surplus associated with acquisition
deals where there is a non-competition covenant that forbids the seller from re-entering the …

This paper studies the effects of sudden events on the optimal timing and capacity choice in
a duopoly market. According to the characteristics of economic environment, we assume that …

If a firm knows the decision cost of an operational change, an investment policy is possible.
Such flexibility, eg to switch cashflows, is valued by numerically customizing real option …

Los niveles de inversión en Ecuador han sido bajos, mientras que los niveles de poder de
mercado se han incrementado en ciertos sectores. El objetivo de nuestro estudio es evaluar …