dc.contributor | 廣電系 | en_US |
dc.creator (作者) | 許志堅 | zh_TW |
dc.creator (作者) | Lu, Chia-Chi;Hung, Weifeng;Sheu, Jyh-Jian;Shih, Pai-Ta | en_US |
dc.date (日期) | 2011.02 | en_US |
dc.date.accessioned | 9-十二月-2013 13:37:30 (UTC+8) | - |
dc.date.available | 9-十二月-2013 13:37:30 (UTC+8) | - |
dc.date.issued (上傳時間) | 9-十二月-2013 13:37:30 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62303 | - |
dc.description.abstract (摘要) | The purpose of this paper is to develop a real option model with a stochastic network size to simultaneously consider firm`s investment and household`s consumption behaviors in an equilibrium framework. First, the consumer`s waiting-to-buy effect is crucial in determining trigger network size of firm`s investment. Second, increasing network externality has an ambiguous effect on trigger network size of firm`s investment. Third, using NPV rule not only underestimates trigger network size but, also possibly results in the misleading relationship between network externality and trigger network size. | en_US |
dc.format.extent | 282289 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en_US | - |
dc.relation (關聯) | Review of Quantitative Finance and Accounting, 36(4), 555-564 | en_US |
dc.subject (關鍵詞) | Consumer`s Waiting-to-Buy Effect;G12;Network Externality;O31;O34;Real Option Investment | en_US |
dc.title (題名) | Investment with network externality under uncertainty | en_US |
dc.type (資料類型) | article | en |