Chronopoulos, Michail; De Reyck, Bert; Siddiqui, Afzal - In: European Journal of Operational Research 236 (2014) 2, pp. 643-656
effects in a duopoly setting. We demonstrate that the value of a firm and its entry decision behave differently with risk …A monopolist typically defers entry into an industry as both price uncertainty and the level of risk aversion increase …. By contrast, the presence of a rival typically hastens entry under risk neutrality. Here, we examine these two opposing …
