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Volumn 159, Issue 3, 2004, Pages 705-728

Strategic technology adoption taking into account future technological improvements: A real options approach

Author keywords

Investment analysis; Preemption; Real options; Technological uncertainty

Indexed keywords

BROWNIAN MOVEMENT; DECISION MAKING; DIFFERENTIAL EQUATIONS; INVESTMENTS; MATHEMATICAL MODELS; PROBABILITY;

EID: 3342879249     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0377-2217(03)00421-1     Document Type: Article
Times cited : (102)

References (14)
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    • Department des sciences économiques, Université du Quebec à Montréal, Montreal, Quebec, Canada
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    • (2001) Working Paper
    • Boyer, M.1    Lasserre, P.2    Mariotti, T.3    Moreaux, M.4
  • 3
    • 0001560563 scopus 로고
    • Preemption and rent equalization in the adoption of new technology
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    • Fudenberg, D.1    Tirole, J.2
  • 4
    • 0034391553 scopus 로고    scopus 로고
    • Strategic timing of adoption of new technologies under uncertainty: A note
    • Götz G. Strategic timing of adoption of new technologies under uncertainty: A note. International Journal of Industrial Organization. 18:2000;369-379.
    • (2000) International Journal of Industrial Organization , vol.18 , pp. 369-379
    • Götz, G.1
  • 6
    • 0031161157 scopus 로고    scopus 로고
    • Investment in technological innovations: An option pricing approach
    • Grenadier S.R., Weiss A.M. Investment in technological innovations: An option pricing approach. Journal of Financial Economics. 44:1997;397-416.
    • (1997) Journal of Financial Economics , vol.44 , pp. 397-416
    • Grenadier, S.R.1    Weiss, A.M.2
  • 7
    • 0001039264 scopus 로고
    • The war of attrition in continuous time with complete information
    • Hendricks K., Weiss A., Wilson C. The war of attrition in continuous time with complete information. International Economic Review. 29:1988;663-680.
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    • Hendricks, K.1    Weiss, A.2    Wilson, C.3
  • 8
    • 0034409893 scopus 로고    scopus 로고
    • Second-mover advantages in the strategic adoption of new technology under uncertainty
    • Hoppe H.C. Second-mover advantages in the strategic adoption of new technology under uncertainty. International Journal of Industrial Organization. 18:2000;315-338.
    • (2000) International Journal of Industrial Organization , vol.18 , pp. 315-338
    • Hoppe, H.C.1
  • 9
    • 0742268048 scopus 로고    scopus 로고
    • Effects of strategic interactions on the option value of waiting
    • University of Tilburg, CentER, Tilburg, The Netherlands
    • Huisman, K.J.M., Kort, P.M., 1999. Effects of strategic interactions on the option value of waiting. CentER Discussion Paper 9992, University of Tilburg, CentER, Tilburg, The Netherlands.
    • (1999) CentER Discussion Paper , vol.9992
    • Huisman, K.J.M.1    Kort, P.M.2
  • 10
    • 0442265793 scopus 로고    scopus 로고
    • Strategic technology investment under uncertainty
    • Huisman K.J.M., Kort P.M. Strategic technology investment under uncertainty. OR Spektrum. 24:2002;79-98.
    • (2002) OR Spektrum , vol.24 , pp. 79-98
    • Huisman, K.J.M.1    Kort, P.M.2
  • 13
    • 1242329111 scopus 로고
    • Exporting versus FDI: The effect of uncertainty, irreversibilities and strategic interactions
    • Yale University, New Haven, CT
    • Smets, F., 1991. Exporting versus FDI: The effect of uncertainty, irreversibilities and strategic interactions, Working paper. Yale University, New Haven, CT.
    • (1991) Working Paper
    • Smets, F.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.