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This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition …
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This paper deals with the conditions of effective transfer of technology from Universities and public research institutions to small and medium-sized enterprises. The theoretical and empirical analyses lead to the conclusion that the chances of improving the technology transfer does not lie in a...
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This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...
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We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
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