Cooperation in the Classroom : Experimenting with Research Joint Ventures

This paper describes a classroom exercise that illustrates the 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:	2004
Authors:	Goeree, Michelle S. ; Hinloopen, Jeroen
Publisher:	Claremont, CA : Claremont McKenna College, Department of Economics
Subject:	Forschung \| Forschungskooperation \| Betriebliche Investitionspolitik \| Spillover-Effekt \| Spieltheorie \| Experiment \| classroom games \| research and development \| research joint ventures \| technological spillovers

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Series:	Claremont Colleges Working Papers ; 2004-08
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	479328579 [GVK] hdl:10419/23395 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263300