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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Format: | Article |
Language: | English |
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Wiley
2012-01-01
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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 |
id | doaj-art-72bc5f953bd14329bcc39b04d305a9b2 |
institution | Kabale University |
issn | 1110-757X 1687-0042 |
language | English |
publishDate | 2012-01-01 |
publisher | Wiley |
record_format | Article |
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 |