Multiple New Technologies

  • Kuno J. M. Huisman
Part of the Theory and Decision Library book series (TDLC, volume 28)

Abstract

In this chapter we extend the models of Chapters 4 and 5 by adding uncertainty to the innovation process and by considering multiple new technologies. The new technologies are invented at previously unknown points of time. A comparable framework is considered in the duopoly model by Gaimon, 1989. The difference is that in that paper a continuous stream of new technologies arrives over time, which is known beforehand by the firms.

Keywords

Equilibrium Strategy Equilibrium Outcome Technology Investment Timing Game Market Share Gain 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Kuno J. M. Huisman
    • 1
  1. 1.Centre for Quantitative Methods CQM B.V.EindhovenThe Netherlands

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