Effect of salvage market on strategic technology choice and capacity investment decision of firm under demand uncertainty
This paper examines the effect of salvage market on technology choice and capacity investment decision of two firms that compete on quantity under demand uncertainty. A game theoretic model applies such that firms choose their production technology between two alternatives: flexible versus inflexib...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2016-02-01
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Series: | Journal of Business Economics and Management |
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Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/2221 |