Strategic Delay in a Real Optimna Model of R&D Competition
By Helen Weeds. 2002
474 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/51f1c83a36f9febe352bd794b57e0f0d803cfb88
How researchers see this paper
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In Economics and Econometrics
- Dirk Czarnitzki
- Tiecheng Leng
- Andrew A. Toole
- Robin Mason
- Stéphane Villeneuve
- Brandon Julio
- Jean-Paul Décamps
- Thomas Mariotti
In Finance
- Robin Mason
- Stéphane Villeneuve
- Jean-Paul Décamps
- Thomas Mariotti
- Frank Riedel
- Dirk Czarnitzki
- Andrew A. Toole
- Brandon Julio
Citations in the corpus
- Patent Protection, Market Uncertainty, and R&D Investment (2006, background): “Weeds (2002) considers a real options model with R&D competition and finds that the equilibrium depends on the balance between the value of delay and the expected benefit of preemption.”
- Corporate Governance and Innovation: A Survey (2012, unknown): “A large number of studies discuss the patent race framework; see, for example, Shapiro (1985), Vickers (1986), Beath et al. (1989), Aoki (1991), Aghion and Howitt (1992), Scotchmere (1996), Denicolò (1996, 2000), Maurer and Scotchmere (2002), Weeds (2002), Judd (2003) and Hunt (2004).”
- Real Options Signaling Games with Applications to Corporate Finance (2011, unknown): “Assuming that the hazard rate of the distribution of ", h (z) (z) = (1 (z)), is non-decreasing, (45) has a unique solution d that satis es”
- Irreversible investment in alternative projects (2006, methodology): “complex way with the real options considerations emphasized in this paper (see for instance Grenadier [14], Weeds [ 27 ] or Lambrecht and Perraudin [21]).”
- Investment, uncertainty and pre-emption (2010, methodology): “Weeds (2002) presents a model in which two firms may invest in competing research projects with uncertain returns.”
- The Bright Side of Political Uncertainty: The Case of R&D (2015, background): “The spike in election year R&D investment due to rival preemptive effects can be illustrated with a simple model in the spirit of Kulatilaka and Perotti (1998) and Weeds (2002).”
- Optimal Stopping With Multiple Priors (2009, background): “Another application is strategic delay in entry games (the discrete time version of Weeds (2002) is now feasible, for example); for irreversible investment games as in Grenadier (2002), the dynamically consistent theory of optimal stopping is a basic building block in the arguments.”