Allocating resources to research and development projects in a competitive environment

IIE Transactions (Institute of Industrial Engineers)

Volumn 31, Issue 9, 1999, Pages 827-834

  Gerchak, Yigal ^a   Parlar, Mahmut ^b  

^a UNIVERSITY OF WATERLOO   (Canada)

^b MCMASTER UNIVERSITY   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

BUDGET CONTROL; COMPETITION; DECISION MAKING; DECISION THEORY; MATHEMATICAL MODELS; OPTIMIZATION; PROBABILITY DENSITY FUNCTION; RESOURCE ALLOCATION; STRATEGIC PLANNING;

BUDGET ALLOCATION; CAPTURE-PROBABILITY FUNCTIONS;

RESEARCH AND DEVELOPMENT MANAGEMENT;

EID: 0033184802     PISSN: 0740817X     EISSN: 15458830     Source Type: Journal    
DOI: 10.1080/07408179908969884     Document Type: Article

References (13)

1. Souder, W.E., (1973) Analytical effectiveness of mathematical models for RandD selection. Management Science, 19, 907–922.
2. Bard, J.F., (1985) Parallel funding of RandD tasks with probabilistic outcomes. Management Science, 31, 814–828.
3. Shtub, A., Bard, J.F., and Globerson, S., (1994) Project Management Engineering, Techniques and Implementation, Prentice-Hall, Englewood Cliffs, NJ.
4. Gerchak, Y., (1998) On allocating RandD budgets among and within projects. RandD Management, 28, 305–310.
5. Gerchak, Y., and Kilgour, M., (1996) Optimal parallel funding of RandD projects. HE Transactions, 31, 145–152.
6. O'Neill, B., (1994) Game theory models of peace and war, in Handbook of Game Theory, Vol. II., Aumann, R. J. and Hart, S., (eds), Elsevier, New York.
7. Danskin, J.M., (1967) The Theory of Max-M in and Its Applications to Weapons Allocation Problems, Springer-Verlag, Berlin.
8. Tirole, J., (1988) The Theory of Industrial Organization, MIT Press, Cambridge, MA.
9. Reinganum, J.F., (1989) The timing of innovation research, development and diffusion, in Handbook of Industrial Organization, Schmalansee, R. and Willig, R. (eds), North Holland, Amsterdam.
10. von Stackelberg, H., (1934) Marktform und Cleichgewicht. Springer, Vienna. An English translation of this book appeared in 1952 entitled. The Theory of Market Economy, published by Oxford University Press.
11. Intriligator, M.D., (1971) Mathematical Optimization and Economic Theory, Prentice-Hall, Englewood Cliffs, NJ, Ch. 8.
12. Basar, T., and Olsder, G.J., (1982) Dynamic Noncooperative Game Theory, Academic Press, London, Section 4.5.
13. Nti, K.O., (1997) Comparative statics of contests and Rent-seeking games, International Economic Review, 38, 43–59.