Blar i NTNU Open på forfatter "Kort, Peter M."
-
Capacity optimization of an innovating firm
Hagspiel, Verena; Kort, Peter M.; Nunes, Clàudia; Pimentel, Rita; Støre, Kristian (Peer reviewed; Journal article, 2021)This article considers an incumbent's product innovation decision within an uncertain framework, where the firm decides whether to continue selling the established product. The model being dynamic allows to analyze the ... -
Investment Decisions with Two-Factor Uncertainty
Compernolle, Tine; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Thijssen, Jacco J.J. (Peer reviewed; Journal article, 2021)This paper considers investment problems in real options with non-homogeneous two-factor uncertainty. We derive some analytical properties of the resulting optimal stopping problem and present a finite difference algorithm ... -
Technology adoption in a declining market
Hagspiel, Verena; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Pimentel, Rita (Peer reviewed; Journal article, 2020)Rapid technological developments are inducing the shift in consumer demand from existing products towards new alternatives. When operating in a declining market, the profitability of incumbent firms is largely dependent ...