Dakhlia, Sami; Menezes, Flavio M.; Temimi, Akram - Maison des Sciences Économiques, Université Paris 1 … - 2004
We characterize asymmetric equilibria in two-stage process innovation games and show that they are prevalent in the different models of R&D technology considered in the literature. This leads to a reassessment of the potential benefits of research cooperative agreements. Indeed, cooperation in...