A game theoretical real options framework for investment decisions in mobile TV infrastructure
| Autor: | Yezekael Hayel, Amal Abdel Razzac, Tijani Chahed, Linda Salahaldin, Salah Eddine Elayoubi |
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| Přispěvatelé: | Département Réseaux et Services de Télécommunications (TSP - RST), Institut Mines-Télécom [Paris] (IMT)-Télécom SudParis (TSP), Services répartis, Architectures, MOdélisation, Validation, Administration des Réseaux (SAMOVAR), Centre National de la Recherche Scientifique (CNRS), Département Management, Marketing et Stratégie (IMT-BS - MMS), Télécom Ecole de Management (TEM)-Institut Mines-Télécom [Paris] (IMT)-Institut Mines-Télécom Business School (IMT-BS), Institut Mines-Télécom [Paris] (IMT), Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) (LITEM), Université d'Évry-Val-d'Essonne (UEVE)-Télécom Ecole de Management (TEM), Orange Labs [Issy les Moulineaux], France Télécom, Avignon Université (AU), Méthodes et modèles pour les réseaux (METHODES-SAMOVAR), Institut Mines-Télécom [Paris] (IMT)-Télécom SudParis (TSP)-Institut Mines-Télécom [Paris] (IMT)-Télécom SudParis (TSP), Département Réseaux et Services de Télécommunications (RST), Département Management, Marketing et Stratégie (MMS) |
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: |
Service (systems architecture)
Operations research Computer science 0211 other engineering and technologies Ocean Engineering 02 engineering and technology Management Science and Operations Research Competition (economics) [INFO.INFO-NI]Computer Science [cs]/Networking and Internet Architecture [cs.NI] Digital Video Broadcasting 0202 electrical engineering electronic engineering information engineering Bi-level programming Marketing DVB-NGH Real option 021103 operations research Competition Profit maximization Quality of service Uncertainty 020206 networking & telecommunications Investment (macroeconomics) Mobile TV LTE Cooperation Investment decisions Cellular network |
| Zdroj: | Asia-Pacific Journal of Operational Research Asia-Pacific Journal of Operational Research, 2017, 34 (4), pp.1750014-1-1750014-34. ⟨10.1142/S0217595917500142⟩ Asia-Pacific Journal of Operational Research, World Scientific Publishing, 2017, 34 (4), pp.1750014-1-1750014-34. ⟨10.1142/S0217595917500142⟩ |
| ISSN: | 0217-5959 |
| DOI: | 10.1142/S0217595917500142⟩ |
| Popis: | HCERES C, ABS 1; International audience; This work presents a strategic investment framework for mobile TV infrastructure. We address the question of whether an operator should enter the mobile TV market and, if yes, how and when to do so. We perform a capacity and QoS analysis that shows that Mobile TV is not a simple added-on service but requires new planning strategies that need heavy investments. We consider two possible settings: a competitive mobile TV network where a digital video broadcasting (DVB) operator and a cellular network operator build their independent networks and a cooperative setting where the TV network is mainly relying on a DVB infrastructure whose coverage can be complemented by a cellular network. Two main issues alter the investment decision of the stakeholders, namely, the market uncertainty and the competition or the willingness of cooperation between the main technological players. We define a game theoretical real options framework and propose a novel bi-level dynamic programming algorithm that solves the underlying profit maximization problem. Our numerical results illustrate the optimal investment decisions of both actors and the impact of the system parameters as well as the degree of uncertainty on the investment dates |
| Databáze: | OpenAIRE |
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