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https://doi.org/10.3390/g16010007
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Cite Journal: Games |  Publication Date: Feb 3, 2025 |
 License type: CC BY 4.0 |
We show that the discrete real option game model proposed in the recent literature can be extended to the case of imperfect information. As a result, the model can cover a wider range of applications. However, we also observe that the effectiveness of implementing the subsidy is affected by the imperfect informational structure.
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