In:
International Journal of Financial Engineering, World Scientific Pub Co Pte Ltd, Vol. 04, No. 02n03 ( 2017-06), p. 1750031-
Abstract:
This paper presents the Generalized Poisson Jump Process to describe the effect of radical technological innovation on the market. It defines the market impact index of radical technological innovation, and constructs a real option game model for radical technological innovation. Besides, this paper develops a numerical method in the model to show that the market impact index of radical technological innovation and the Generalized Poisson Process parameter both have a good influence on both the investment value and investment limit.
Type of Medium:
Online Resource
ISSN:
2424-7863
,
2424-7944
DOI:
10.1142/S2424786317500311
Language:
English
Publisher:
World Scientific Pub Co Pte Ltd
Publication Date:
2017
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