Skip to main content

Efficient Spectrum Policy Using Real Options and Game Theoretic Methods

  • Chapter
The Economics of Online Markets and ICT Networks

Part of the book series: Contributions to Economics ((CE))

  • 732 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Dixit A, Pindyck R (1994) Investment under uncertainty. Princeton University Press, Princeton

    Google Scholar 

  • Grenadier S, Weiss A (1997) Investment in technological innovations: An option pricing approach. Journal of Financial Economics 44: 397–416

    Article  Google Scholar 

  • Huisman K, Kort P (1999) Effects of strategic interactions on the option value of waiting. Discussion Paper 92, Tilburg University, Center for Economic Research

    Google Scholar 

  • Huisman K, Kort P (2004) Strategic technology adoption taking into account future technological improvements: A real options approach. European Journal of Operational Research 159: 705–28

    Article  MATH  MathSciNet  Google Scholar 

  • Joaquin D, Buttler K (2000) Competitive investment decisions: A synthesis. In: Brennan M, Trigeorgis L (eds) Project flexibility, agency, and competition: New developments in the theory and applications of real options. Oxford University Press, Oxford, pp 324–39

    Google Scholar 

  • Mun J (2002) Real options analysis. John Wiley & Sons, Indianapolis

    Google Scholar 

  • Nielsen M (2002) Competition and irreversible investments. International Journal of Industrial Organization 20: 731–43

    Article  Google Scholar 

  • Ogaki M (1993) GMM: A user guide. Working Paper 348, University of Rochester

    Google Scholar 

  • Razgaitis R (1999) Early-stage technologies valuation and pricing. John Wiley & Sons, Indianapolis

    Google Scholar 

  • Smit H (2001) Acquisition strategies as option games. Journal of Applied Corporate Finance 14: 79–89

    Article  Google Scholar 

  • Smit H (2003) Infrastructure investment as a real options game: The case of European airport expansion. Financial Management 4: 5–35

    Google Scholar 

  • Smit H, Ankum L (1993) A real option and game theoretic approach to corporate investment strategy under competition. Financial Management 22: 241–50

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2006 Physica-Verlag Heidelberg

About this chapter

Cite this chapter

Lyoo, TH., Jeong, J., Lee, HJ., Lee, JD. (2006). Efficient Spectrum Policy Using Real Options and Game Theoretic Methods. In: Cooper, R., Madden, G., Lloyd, A., Schipp, M. (eds) The Economics of Online Markets and ICT Networks. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/3-7908-1707-4_11

Download citation

Publish with us

Policies and ethics