Villemeur, Etienne Billette De; Ruble, Richard; … - HAL - 2011
(cooperation) solutions, in a model of investment timing allowing for externalities in both flow pro...ts and investment costs. For … two ex-ante symmetric ...rms, either preemption or attrition occur depending on the size of the investment externality …. Optimal cooperation involves either monopoly or duopoly investment, the latter being either symmetric or asymmetric. Finally …