Cooperation in the Classroom: Experimenting with R&D Cooperatives

This paper describes a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student sellers first make investment decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.

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Year of publication:	2006-09-27
Authors:	Goeree, Michelle Sovinsky ; Hinloopen, Jeroen
Institutions:	Tinbergen Institute
Subject:	classroom games \| research and development \| research joint ventures \| technological spillovers

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Extent:	application/pdf
Series:	Tinbergen Institute Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Tinbergen Institute Discussion Papers Number 06-081/1
Classification:	C91 - Laboratory, Individual Behavior ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005504934