Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Barbosa, L., Rodrigues, A. & Sardinha, A. (2024). Subsidizing investment in new technologies under competition and uncertainty. 12th Bachelier World Congress.
Exportar Referência (IEEE) 
L. S. Barbosa et al.,  "Subsidizing investment in new technologies under competition and uncertainty", in 12th Bachelier World Congr., Rio de Janeiro, 2024
Exportar BibTeX 
@misc{barbosa2024_1736545365332,
	author = "Barbosa, L. and Rodrigues, A. and Sardinha, A.",
	title = "Subsidizing investment in new technologies under competition and uncertainty",
	year = "2024",
	url = "https://eventos.fgv.br/bachelier-2024"
}
Exportar RIS 
TY  - CPAPER
TI  - Subsidizing investment in new technologies under competition and uncertainty
T2  - 12th Bachelier World Congress
AU  - Barbosa, L.
AU  - Rodrigues, A.
AU  - Sardinha, A.
PY  - 2024
CY  - Rio de Janeiro
UR  - https://eventos.fgv.br/bachelier-2024
AB  - This paper examines the impact of an investmemt subsidy on strategic investment and social welfare within an asymmetric duopoly where the two heterogeneous firms possess varying capacities, operational and investment costs. Within this market, firms make optimal choices regarding whether to be the leader or follower in entering the market, as well as the optimal production quantity. Our findings indicate that it is never optimal for the government to subsidize the firm with a new technology that requires higher investment costs, despite having a lower marginal operational cost, to make it the leader in entering the market. Instead, it is more advisable to allow the older technology to make the initial investment and the new technology to be a follower.
ER  -