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ANOR
2007
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ANOR 2007
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Preemptive patenting under uncertainty and asymmetric information
14 years 23 days ago
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www.realoptions.org
This paper examines the investment behaviour of an incumbent and a potential entrant that are competing for a patent with a stochastic payo . We incorporate asymmetric information...
Yao-Wen Hsu, Bart M. Lambrecht
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