Showing 1 - 8 of 8
We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …
Persistent link: https://www.econbiz.de/10005123630
-country dynamic Ricardian model with endogenous innovation and hold-up problems, the value chain consists of two activities …, innovation and production. Entry in the market happens through R&D and entrants face two decisions. The 'location decision … perform innovation and production within the same vertically integrated structure or not. In this framework, the quality of …
Persistent link: https://www.econbiz.de/10005498068
innovation. In so doing, we model an industry in which R&D is performed by independent research labs and outsourcing production …
Persistent link: https://www.econbiz.de/10005661520
We study a sequential Tullock contest with two stages and two identical prizes. The players compete for one prize in each stage and each player may win either one or two prizes. The players have either decreasing or increasing marginal values for the prizes, which are commonly known, and there...
Persistent link: https://www.econbiz.de/10009024929
We study a sequential all-pay auction where heterogeneous contestants are privately informed about a parameter (ability) that affects their cost of effort. In the case of two contestants, contestant 1 (the first mover) makes an effort in the first period, while contestant 2 (the second mover)...
Persistent link: https://www.econbiz.de/10008854484
We study all-pay contests with an exogenous minimal effort constraint where a player can participate in a contest only if his effort (output) is equal to or higher than the minimal effort constraint. Contestants are privately informed about a parameter (ability) that affects their cost of...
Persistent link: https://www.econbiz.de/10008509466
We study auctions where bidders have private information about their entry costs and the seller does not benefit from these entry costs. We consider a symmetric environment where all bidders have the same value for the object being sold, and also an asymmetric environment where bidders may have...
Persistent link: https://www.econbiz.de/10005504584
upstream and downstream parties at the production stage feeds back into innovation and growth. Our dynamic perspective reveals … specialization costs of vertical integration. In so doing, they neglect the effects of their choices on innovation and growth. Hence …
Persistent link: https://www.econbiz.de/10005656287