Investment in innovations and competition: An option pricing approach

Quarterly Review of Economics and Finance

Volumn 38, Issue 3 Part.1, 1998, Pages 635-650

  Reiss, Ariane ^a  

^a UNIVERSITY OF TÜBINGEN   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032325158     PISSN: 10629769     EISSN: None     Source Type: Journal    
DOI: 10.1016/s1062-9769(99)80094-5     Document Type: Short Survey

References (8)

1. Dixit, Avinash K. and Robert S. Pindyck. 1994. Investment Under Uncertainty. Princeton, NJ: Princeton: University Press.
2. Grenadier, Steven R. and Allen M. Weiss. 1997. "Investment in Technological Innovations: An Option Pricing Approach." Journal of Financial Economics, 44: 397-416.
3. Merton, Robert C. 1990. Pp. 57-93 in Continuous-Time Finance, edited by Robert C. Merton. Cambridge, UK: Blackwell.
4. Pindyck, Robert S. 1991. "Irreversibility, Uncertainty, and Investment." Journal of Economic Literature, 29: 1110-1148.
5. Reiss, Ariane. 1997. An Option Pricing Approach to Investment in Innovations in a Competitive Environment, Working Paper, University of Tuebingen.
6. Smit, Han T. J. and L. A. Ankum. 1993. "A Real Options and Game-Theoretic Approach to Corporate Investment Strategy Under Competition." Financial Management: 241-250.
7. Stadler, Manfred. 1996. "R&D Dynamics in the Product Life Cycle." Journal of Evolutionary Economics, 1: 293-305.
8. Trigeorgis, Lenos. 1996. Real Options. Cambridge, MA: MIT Press.