Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment

Based on the model of symmetric and asymmetric duopoly option game, this paper discusses the present value of profit flows and the sunk investment costs for the trapezoidal fuzzy number. It constructs the fuzzy expressions of the investment value and investment threshold of followers and leaders un...

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Main Authors: Yingshuang Tan, Yong Long
Format: Article
Language:English
Published: Wiley 2012-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2012/830850
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author Yingshuang Tan
Yong Long
author_facet Yingshuang Tan
Yong Long
author_sort Yingshuang Tan
collection DOAJ
description Based on the model of symmetric and asymmetric duopoly option game, this paper discusses the present value of profit flows and the sunk investment costs for the trapezoidal fuzzy number. It constructs the fuzzy expressions of the investment value and investment threshold of followers and leaders under fuzzy environment and conducts numerical analysis. This offers a kind of explanation to the investment strategies under fuzzy environment.
format Article
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institution Kabale University
issn 1110-757X
1687-0042
language English
publishDate 2012-01-01
publisher Wiley
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series Journal of Applied Mathematics
spelling doaj-art-72bc5f953bd14329bcc39b04d305a9b22025-02-03T01:31:09ZengWileyJournal of Applied Mathematics1110-757X1687-00422012-01-01201210.1155/2012/830850830850Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy EnvironmentYingshuang Tan0Yong Long1College of Economics and Business Administration, Chongqing University, Chongqing 400030, ChinaCollege of Economics and Business Administration, Chongqing University, Chongqing 400030, ChinaBased on the model of symmetric and asymmetric duopoly option game, this paper discusses the present value of profit flows and the sunk investment costs for the trapezoidal fuzzy number. It constructs the fuzzy expressions of the investment value and investment threshold of followers and leaders under fuzzy environment and conducts numerical analysis. This offers a kind of explanation to the investment strategies under fuzzy environment.http://dx.doi.org/10.1155/2012/830850
spellingShingle Yingshuang Tan
Yong Long
Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
Journal of Applied Mathematics
title Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
title_full Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
title_fullStr Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
title_full_unstemmed Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
title_short Option-Game Approach to Analyze Technology Innovation Investment under Fuzzy Environment
title_sort option game approach to analyze technology innovation investment under fuzzy environment
url http://dx.doi.org/10.1155/2012/830850
work_keys_str_mv AT yingshuangtan optiongameapproachtoanalyzetechnologyinnovationinvestmentunderfuzzyenvironment
AT yonglong optiongameapproachtoanalyzetechnologyinnovationinvestmentunderfuzzyenvironment