| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3001 |
| DP3001 Shopping Hours and Price Competition | |
| Andreas Irmen; Roman Inderst | |
| 发表日期 | 2001-10-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper examines irreversible investment in a project with uncertain returns, when there is an advantage to being the first to invest, and externalities to investing when others also do so. Pre-emption decreases and may even eliminate the option values created by irreversibility and uncertainty. Externalities introduce inefficiencies in investment decisions. Pre-emption and externalities combined can actually hasten, rather than delay, investment, contrary to the usual outcome. These facts demonstrate the importance of extending ?real options? analysis to include strategic interactions. |
| 主题 | Industrial Organization |
| 关键词 | Real options Network effects Pre-emption |
| URL | https://cepr.org/publications/dp3001 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532063 |
| 推荐引用方式 GB/T 7714 | Andreas Irmen,Roman Inderst. DP3001 Shopping Hours and Price Competition. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Andreas Irmen]的文章 |
| [Roman Inderst]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Andreas Irmen]的文章 |
| [Roman Inderst]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Andreas Irmen]的文章 |
| [Roman Inderst]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
