We show that the discrete real option game model proposed in the recent literature can be extended to the case of imperfect information. As a result, the model can cover a wider range of applications. However, we also observe that the effectiveness of implementing the subsidy is affected by the imperfect informational structure.
A Note on the Welfare and Policy Implications of a Two-Period Real Option Game Under Imperfect Information / Wang, Congcong; Wang, Yuhan; Chen, Shanshan; Luckraz, Shravan; Pansera, Bruno Antonio. - In: GAMES. - ISSN 2073-4336. - 16:1(2025). [10.3390/g16010007]
A Note on the Welfare and Policy Implications of a Two-Period Real Option Game Under Imperfect Information
Pansera, Bruno Antonio
2025-01-01
Abstract
We show that the discrete real option game model proposed in the recent literature can be extended to the case of imperfect information. As a result, the model can cover a wider range of applications. However, we also observe that the effectiveness of implementing the subsidy is affected by the imperfect informational structure.File in questo prodotto:
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