Multiple New Technologies

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


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.


Equilibrium Strategy Equilibrium Outcome Technology Investment Timing Game Market Share Gain 
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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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