| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5083703 | International Review of Economics & Finance | 2013 | 16 Pages |
Abstract
⺠We model the dynamics of international joint ventures by means of real options. ⺠We analyze the impact of decision contingencies on the duration of joint ventures. ⺠Increasing uncertainty will increase the propensity to initiate the joint venture. ⺠Exchange rate uncertainty has an ambiguous effect on investment and duration.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Elmar Lukas,