This paper studies the endogenous timing of moves in a game with competition in basic research between a university and a commercial firm. It examines the conditions under which the two entities end up investing in innovation at equilibrium, both under simultaneous and sequential moves. It...

The paper analyzes the notion of an unbeatable strategy as a game solution concept. A general framework (game with relative preferences) suitable for the analysis of this concept is proposed. Basic facts regarding unbeatable strategies are presented and a number of examples and applications...