Strategic capacity investment under uncertainty

This article considers investment decisions within an uncertain dynamic and duopolistic framework. Each investment decision involves to determine the timing and the capacity level The simultaneous analysis of timing and capacity decisions extends work on entry deterrence/accommodation to consider a...

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Bibliographic Details
Published in:The Rand journal of economics 2015-06, Vol.46 (2), p.376-408
Main Authors: Huisman, Kuno J.M., Kort, Peter M.
Format: Article
Language:English
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