Now showing items 1-2 of 2
The Impact of Competitive Advantage on the Investment Timing in Stackelberg Leader–Follower Game
This short note clarifies how the Stackelberg leader’s competitive advantage after the follower’s entry affects the leader’s optimal market entry decision and Stackelberg strategic interactions under uncertainty. Although ...
Sequential Capacity Expansion Options
This paper considers a firm's capacity expansion decisions under uncertainty. The firm has leeway in timing investments and in choosing how much capacity to install at each investment time. We model this problem as the ...