Ambiguity in a real option game
作者： Tobias Hellmann , Jacco Thijssen
DOI: 10.2139/SSRN.2550106
关键词: Economics 、 Optimal stopping 、 Geometric Brownian motion 、 Prior probability 、 Set (psychology) 、 Mathematical economics 、 First-mover advantage 、 Ambiguity 、 Pareto principle 、 Knightian uncertainty
摘要: … We develop a strategy and equilibrium concept allowing for ambiguity and show that … and Ozaki model to a timing game between two firms, which both have the option to invest in a …
uni-bielefeld.de 
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