The optimal Nash equilibrium strategies under the competition

被引：0

作者：

Meng Li ^{[1
]}

Wang Chong-xi ^{[1
]}

Wang Ding-wei ^{[1
]}

Zhang Ai-ling ^{[1
]}

机构：

[1] Northeastern Univ, Sch Informat Sci & Engn, Shenyang 110004, Peoples R China

来源：

Proceedings of 2004 Chinese Control and Decision Conference | 2004年

关键词：

real options; irreversible investment; game theory; uncertainty;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

The hazard rate of investment is modeled as a function of competitors' trigger level. Under uncertainty and different information structure, option and game theory is applied to the optimal Nash equilibrium strategies of one or more firms. By means of matlab software, an example is simulated and is used to illustrate how parameter affects investment strategies.

引用

页码：714 / +

页数：4

共 7 条

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