A Note on the Welfare and Policy Implications of a Two-Period Real Option Game Under Imperfect Information
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.
Authors
- Bruno Antonio Pansera (ORCID: https://orcid.org/0000-0001-9370-7643)
- Shravan Luckraz (ORCID: https://orcid.org/0000-0001-8842-4040)
- Congcong Wang (ORCID: https://orcid.org/0000-0001-7245-3074)
- Yuhan Wang (ORCID: https://orcid.org/0009-0001-9192-801X)
- Shanshan Chen
Institutions
- University of Nottingham Ningbo China (CN)
- University of Reggio Calabria (IT)
- Zhejiang University of Finance and Economics (CN)
Publication Details
- Journal
- Games
- Published
- 2025-02-03
- DOI
- https://doi.org/10.3390/g16010007
- Primary Topic
- Capital Investment and Risk Analysis
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- National Natural Science Foundation of China
- Natural Science Foundation of Zhejiang Province