Game Choices

Author: Steven Grenadier
Publisher: Risk Books
ISBN: 9781899332793
Published In: June 2000
Format: Paperback
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

Details

A core reference on the latest developments in game theory and real option approaches when addressing competition risk.

Game theory is highly respected in the field of theoretical economics but as a business strategy its exposure has up to now been minimal
Provides a structured framework for analysing strategic games in relation to competition
One of the first books to combine game theory with real options when assessing competition risk
Explores the theoretical and applied approach of game theory and real options
Provides a new perspective on understanding competitor behaviour and analyses strategic interaction between companies
Explains how models are devised and how to apply these techniques to the market

AN INTRODUCTION TO OPTION EXERCISE GAMES: STEVEN GRENADIER

PART I: SIMPLE INTRODUCTORY MODELS OF OPTION GAMES

1. Kulatilaka, N.&E.C. Perotti “Strategic Growth Options“

2. Smit, H.T.J.&L.A. Ankum “A Real Options and Game-Theoretic Approach to Corporate Investment Strategy under Competition“

PART II: REAL OPTIONS AND GAME-THEORETIC INDUSTRY EQUILIBRIA

3. Grenadier, S.R., “The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets“

4. Williams, Joseph T., “Equilibrium and Options on Real Assets“

5. Leahy, John V., “Investment in Competitive Equilibrium: The Optimality of Myopic Behavior“

PART III: MODELS OF ASYMMETRIC INFORMATION AND SEARCH

6. Grenadier, S. R., “Information Revelation Through Option Exercise“

7. Williams, Joseph, “Pricing Real Assets with Costly Search“

8. Moel, Alberto and P.Tufano, “Bidding for Antamina: Incentives in a Real Options Context“