Arbeitspapier
Preemption, start-up decisions and the firms' capital structure
In this article, we analyse the interactions between financial and start-up decisions in an oligopolistic framework, where firms compete to enter a new market. We show that preemption can substantially reduce the negative effects of credit rationing on start-up investment decisions.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 2006
- Classification
-
Wirtschaft
Bankruptcy; Liquidation
- Subject
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Oligopol
Unternehmensgründung
Sunk Costs
Potenzieller Wettbewerb
Kapitalstruktur
Realoption
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Moretto, Michele
Panteghini, Paolo M.
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Moretto, Michele
- Panteghini, Paolo M.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2007
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