A patent race in a real options setting: Investment strategy, valuation, CAPM beta, and return volatility

Journal of Economic Dynamics and Control

Volumn 32, Issue 10, 2008, Pages 3192-3217

  Meng, Rujing ^a  

^a UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

Patent race; R D investments; Stochastic game; Strategic real options

Indexed keywords

EID: 50049100430     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jedc.2008.01.001     Document Type: Article

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