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Anticipated competitive entry and early preemptive investment in deferrable projects
16 references·16 citing·39 second hopsampled
Anticipated competitive entry and early preemptive investment in deferrable projects (1991)Anticipated competitive entry and early p…Theory of rational option pricing (2005)Theory of rational option pri…Time to build, option value, and investment decisions (1987)Time to build, option value, …Recent Advances in Corporate Finance. (1986)Recent Advances in Corporate …Finance Theory and Financial Strategy (1984)Finance Theory and Financial …Uncertain Innovation and the Persistence of Monopoly (1982)Uncertain Innovation and the …The Value of Waiting to Invest (1982)The Value of Waiting to InvestFunding Criteria for Research, Development, and Exploration Projects (1981)Funding Criteria for Research…Uncertainty, Industrial Structure, and the Speed of R&D (1980)Uncertainty, Industrial Struc…Uncertainty, Industrial Structure, and the Speed of R and D (1980)Uncertainty, Industrial Struc…Investment Strategy and Growth in a New Market (1979)Investment Strategy and Growt…THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER (1978)THE VALUE OF AN OPTION TO EXC…Entry, Capacity, Investment and Oligopolistic Pricing (1977)Entry, Capacity, Investment a…An analytic valuation formula for unprotected American call options on stocks with known dividends (1977)An analytic valuation formula…Fact and Fantasy in the Use of Options (1975)Fact and Fantasy in the Use o…Theory of Rational Option Pricing (1973)Theory of Rational Option Pri…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Monetary policy and corporate investment: A panel-data analysis of transmission mechanisms in contexts of high uncertainty (2021)Monetary policy and corporate…Financing uncertain growth (2016)Financing uncertain growthMarket Entry in the Presence of Network Effects (2011)Market Entry in the Presence …Technological joint venture formation under the real options approach (2010)Technological joint venture f…Comparison of Real Asset Valuation Models: A Literature Review (2010)Comparison of Real Asset Valu…A Strategic R&D Investment with Flexible Development Time in Real Option Game Analysis (2009)A Strategic R&D Investment wi…Licensing duration in foreign markets: A real options perspective (2008)Licensing duration in foreign…An R&D Investment Game under Uncertainty in Real Option Analysis (2008)An R&D Investment Game under …Real Options: Taking Stock and Looking Ahead (2007)Real Options: Taking Stock an…Real options: A primer (2007)Real options: A primerReal R&D options with time-to-learn and learning-by-doing (2006)Real R&D options with time-to…Real options and games: Competition, alliances and other applications of valuation and strategy (2006)Real options and games: Compe…Investment Under Uncertainty and Time-Inconsistent Preferences (2005)Investment Under Uncertainty …Real Options and Follower Strategies: The loss of real option value to first-mover advantage (2002)Real Options and Follower Str…Real (investment) options with multiple sources of rare events (2002)Real (investment) options wit…Evaluate IT Investment Opportunities Using Real Options Theory (2002)Evaluate IT Investment Opport…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Theory of Oligopoly (1964)A MODEL OF DUOPOLY SUGGESTING A THEORY OF ENTRY BARRIERS (1978)The Contributions of Industrial Organization To Strategic Management, (1981)Capital markets research in accounting (2001)BEHAVIOR OF THE FIRM UNDER REGULATORY CONSTRAINT (2016)Economic Welfare and the Allocation of Resources for Invention (1962)MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY (1975)Trust as a commodity (1988)Chapter 18 Empirical studies of innovation and market structure (1989)Capitalism, Socialism and Democracy (1997)The Schumpeterian Tradeoff Revisited (2016)An Intertemporal Capital Asset Pricing Model (1973)Investment and the Valuation of Firms When There is an Option to Shut Down (1985)Changes of numéraire, changes of probability measure and option pricing (1995)Arbitrage Theory in Continuous Time (2004)The Nature of Option Interactions and the Valuation of Investments with Multiple Real Options (1993)National Innovation Systems: Why They Are Important, And How They Might Be Measured And Compared (1994)Technologies, Products and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't (1998)Financial statement analysis (2007)Time to Build and Aggregate Fluctuations (1982)Option Valuation of Claims on Real Assets: The Case of Offshore Petroleum Leases (1988)Real Options and Interactions with Financial Flexibility (1993)Strategy through the Option Lens: An Integrated View of Resource Investments and the Incremental-Choice Process (1993)Nonparametric Tests of Alternative Option Pricing Models Using All Reported Trades and Quotes on the 30 Most Active CBOE Option Classes from August 23, 1976 Through August 31, 1978 (1985)Informed Trading in Stock and Option Markets (2004)The Information in Option Volume for Future Stock Prices (2006)Option pricing: A simplified approach (1979)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1973Theory of Rational Option Pricing8,060 cited
  • 2005Theory of rational option pricing7,161 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1978THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER1,740 cited
  • 1977Entry, Capacity, Investment and Oligopolistic Pricing1,147 cited
  • 1975Fact and Fantasy in the Use of Options1,021 cited
  • 1987Time to build, option value, and investment decisions912 cited
  • 1984Finance Theory and Financial Strategy818 cited
  • 1980Uncertainty, Industrial Structure, and the Speed of R and D770 cited
  • 1980Uncertainty, Industrial Structure, and the Speed of R&D579 cited
  • 1979Investment Strategy and Growth in a New Market459 cited
  • 1981Funding Criteria for Research, Development, and Exploration Projects433 cited
  • 1982Uncertain Innovation and the Persistence of Monopoly401 cited
  • 1986Recent Advances in Corporate Finance.393 cited
  • 1977An analytic valuation formula for unprotected American call options on stocks with known dividends

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378 cited

Cited by

  • 2007Real Options: Taking Stock and Looking Ahead104 cited
  • 2006Real options and games: Competition, alliances and other applications of valuation and strategy98 cited
  • 2002Real (investment) options with multiple sources of rare events89 cited
  • 2002Real Options and Follower Strategies: The loss of real option value to first-mover advantage49 cited
  • 2002Evaluate IT Investment Opportunities Using Real Options Theory46 cited
  • 2008Licensing duration in foreign markets: A real options perspective43 cited
  • 2005Investment Under Uncertainty and Time-Inconsistent Preferences42 cited
  • 2011Market Entry in the Presence of Network Effects39 cited
  • 2009A Strategic R&D Investment with Flexible Development Time in Real Option Game Analysis38 cited
  • 2006Real R&D options with time-to-learn and learning-by-doing37 cited
  • 2010Technological joint venture formation under the real options approach35 cited
  • 2007Real options: A primer35 cited
  • 2010Comparison of Real Asset Valuation Models: A Literature Review30 cited
  • 2021Monetary policy and corporate investment: A panel-data analysis of transmission mechanisms in contexts of high uncertainty27 cited
  • 2008An R&D Investment Game under Uncertainty in Real Option Analysis27 cited
  • 2016Financing uncertain growth22 cited