不确定竞争市场投资决策  

STRATEGIC INVESTMENT DECISION UNDER UNCERTAINTY AND IMPERFECT COMPETITION

作　　者：杨明[1] 李楚霖[1] 

机构地区：[1]华中科技大学数学系,武汉430074

出　　处：《经济数学》2002年第2期10-14,共5页Journal of Quantitative Economics

基　　金：国家自然科学基金资助项目 (70 0 710 12 )

摘　　要：本文针对不确定的竞争市场 ,分析现在作一个数量为 I的不可逆投资 ,产生一个生产容量 k,以在将来不确定竞争市场中比潜在进入的竞争对手具有某种占先优势这样一个投资机会的策略投资行为和机会的价值。用博奕论方法分析和给出了基于现在投资可获得将来增长期权价值的决策方法。This paper analyses a stralegic investment behavior under uncertainty and imperfect competition in which a firm can invest a irreversible initial cost I to get a production capacity k in preempting a potential entry rival in the future uncertainty market. The value of investment opportunity and the value of growth options are derived by means of game theory. The optimal investment strategy is also gave out.

关 键 词：策略投资 增长期权 Cournot双头 

分 类 号：F22[经济管理—国民经济]